Business and economics

Nvidia Overtakes Apple To Become World’s Second-Most Valuable Company

Published on 10 Jun 2024

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Nvidia Overtakes Apple To Become World’s Second-Most Valuable Company
  • Nvidia's stock value has experienced a remarkable surge, positioning it ahead of Apple as the world's second most valuable company.
  • This shift underscores Nvidia's dominance in the artificial intelligence chipmaking sector and its market capitalization surpassing $3 trillion.
  • Nvidia's shares surged to record highs, elevating its market valuation to $3 trillion and surpassing Apple to become the world's second most valuable company.
  • Ahead of a ten-for-one stock split on June 7 aimed at attracting individual investors, Nvidia's rise in market value signifies a notable shift in Silicon Valley's hierarchy.
Source: SarkariPariksha