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2024-06-06 13:41:17

Tech Geek on Nostr: Nvidia overtakes Apple as No. 2 most valuable company ...

Nvidia overtakes Apple as No. 2 most valuable company



Nvidia's (NVDA.O) rallied to record highs on Wednesday, with the artificial intelligence chipmaker's valuation breaching the $3 trillion mark and overtaking Apple (AAPL.O) to become the world's second most valuable company.

Nvidia is preparing to split its stock ten-for-one, effective on June 7, a move that could increase its appeal to individual investors.

The surge in Nvidia's market value above Apple's marks a shift in Silicon Valley, which the company co-founded by Steve Jobs has dominated since it launched the iPhone in 2007.
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