Neither Microsoft nor Apple: NVIDIA became the most valuable company
June 18, 2024
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NVIDIAachieved the long-awaited historic success and became the world’s most valuable company, surpassing Microsoft and Apple. The company, which has become the number one supplier of the hardware
NVIDIAachieved the long-awaited historic success and became the world’s most valuable company, surpassing Microsoft and Apple. The company, which has become the number one supplier of the hardware used for these technologies, especially with its smart moves in the artificial intelligence market, has been rewarded for its successful moves.
Shares of NVIDIA are up 3.2% today worth $135.21 reaches. This brought the company’s market volume to $3.326 trillion. NVIDIA, which recently surpassed Apple as the second most valuable company, managed to reach the top for the first time in its history.
This year it was appreciated by 173%
NVIDIA stock, with today’s rise 173% value achieved in 2024. In the same period, Microsoft achieved growth of 19%. Companies like Microsoft, Meta and Alphabet, which owns Google, are also seriously working on developing artificial intelligence tools.
With the latest increase, NVIDIA’s value has risen overnight $103 billion has increased. On the other hand, it is also known that NVIDIA will soon split its shares at a ratio of 10 to 1. After stock splits, the value of the shares is distributed at a certain rate, but the number of shares held by investors increases. This step makes it possible for more investors to invest in NVIDIA shares.
Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.