Nvidia just became the world's largest company amid AI boom
NvidiaNvidia(US:NVDA) TechCrunch·2024-11-05 23:18

In Brief Nvidia on Tuesday exceeded Apple’s market capitalization to become the world’s largest company, on the strength of a global AI push. As Bloomberg notes, the chipmaker has experienced an astronomical 850% growth since the tail end of 2022.Nvidia was valued at $3.43 trillion at the close of market, topping Apple’s $3.38 trillion. This isn’t the first time the two have swapped places; Nvidia also pushed past Apple in June, though it only held onto the top spot for a day. Apple recently launched its o ...