Nvidia Beats Apple to Become the World's Second Most Valuable Firm | Vantage with Palki Sharma
Nvidia Beats Apple to Become the World's Second Most Valuable Firm | Vantage with Palki SharmaAmerican chip-making giant Nvidia has overtaken Apple Inc to become the world's second most valuable company. The semiconductor chips-manufacturer's stock valuation hit the three-trillion-dollar mark to claim this position. With the rise of AI, Nvidia's market growth has seen a significant jump. The company's stocks have surged by 147 percent in 2024. Tech conglomerates that include Meta, OpenAI and Microsoft have been racing to develop semiconductor-chips as the demand for the artificial-intelligence powering material increases worldwide. Microsoft, however, remains the world's most valuable company.
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