Categories: Business

Nvidia is worth more than $3 billion in the stock market and overtakes Apple as the second-largest company

NVIDIA Technology This Wednesday he surpassed $3 billion (about 2.75 billion euros) market value of shares And promotion To giant apple How second largest company in the world on the market, just behind Microsoft.


Milestone Nvidiarecorded at the close on Wall Street follows weeks of prosperity thanks to quarterly results as multiplied by seven his benefit net, up to $14.881 million, and the announcement of new chips, which he made last Sunday.

Nvidiawhich he led ‘boom’ belonging artificial intelligence Just this Wednesday, it was up 5.16% over the past year and its shares hit $1,224, reaching a capitalization of $3.01 trillion.

signature belonging bitten applewhich first reached $1 trillion, 2 trillion and finally 3 trillion – in June 2023 – was today dropped to third place of the largest listed companies in the world.


Technological monopoly

The podium of large listed companies is monopolized five American technology companies: Microsoft (3.15 billion), Nvidia (3.01), Manzana (3), Alphabet (2.17) and Amazon (1.88), behind which is the Saudi Oil Company Aramco (1.82).

Nvidia founder and CEO Jensen Huang unveiled on Sunday in Taipei new model of artificial intelligence chipsThe Ruby, which will hit the market in 2026, follows on the heels of the Blackwell, introduced in March, which will go on sale later this year.

Juan repeated that humanity is entering “new industrial revolution” thanks to generative artificial intelligence and announced that its new chips will be introduced “at the rate of one year,” although this time it’s only been three months, reports CNBC

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