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Binit shrestha
Believe in yourself • 1y
Nvida surpasses Apple to become the 2nd-most-valuable in the world Nvidia has become the world's second-most-valuable company, surpassing Apple, with a market valuation of $3.014 trillion, driven by the ongoing AI boom and high demand for its AI-enabling GPU chips. This represents a remarkable rise from $950 billion a year ago and $400 billion in November 2022. Apple's market value is now slightly lower at $3.00 trillion, as its stock has stagnated due to uncertainty around its AI strategy. Nvidia's rapid growth is fueled by its CUDA platform, which, like Apple's iOS, creates a strong ecosystem for developers, suggesting further potential for the company's value to increase significantly by 2030. Read the original article in:
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