Nvidia Overtakes Microsoft To Become World's Most Valuable Company

Eddie Makuch
6/18/2024

As Nvidia's stock price continues to soar, the company has now overtaken Microsoft to become the No. 1 most valuable company on Earth in terms of market capitalization.Nvidia's $3.33 trillion in market cap is just ahead of Microsoft ($3.32 trillion) and Apple ($3.27 trillion). Google parent company Alphabet ($2.169 trillion) and Amazon ($1.90 trillion) round out the top five.Part of what's led to Nvidia's recent success on the stock market is companies buying up its chips under the belief that artificial intelligence will play a major role in the future of the world's economy. Nvidia's stock price has climbed by more than 200% in the past year. The 3.2% increase in Nvidia's share price so far today, June 18, added more than $100 billion to the company's total market cap.Continue Reading at GameSpot...

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