The most valuable company in the world has changed again: NVIDIA only lasted one day on the throne!
October 27, 2024
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Artificial intelligence is undoubtedly the most talked about technological development of the past two years. Artificial intelligence applications that caught everyone’s attention with the introduction of ChatGPT for
Artificial intelligence is undoubtedly the most talked about technological development of the past two years. Artificial intelligence applications that caught everyone’s attention with the introduction of ChatGPT for everyone, followed by productive artificial intelligence He ushered in a new era with his vehicles. But all artificial intelligence tools have one very clear thing in common: they are all powered by NVIDIA’s cutting-edge chips.
NVIDIA shares have risen rapidly since artificial intelligence tools started becoming popular. so that NVIDIAhas grown into one of the most valuable companies in the world in a very short time. He even sat in the company’s most valuable seat a few times, albeit for a short time. The latest of these happened recently.
NVIDIA became the most valuable company in the world overnight
NVIDIA, whose stock price recently rose to $143.9, $3.53 trillion It surpassed Apple in market value and became the most valuable company in the world. NVIDIA’s time on the throne was short, however. Although there was no increase in Apple’s market value of $3.52 trillion, as NVIDIA shares fell to $141.5, the market value dropped again to $3.47 trillion and Apple regained the title of the world’s most valuable company .
Just two companies with trillions of dollars in market cap A market cap difference of $50 billion This means that the peak can change even with small gains or losses of 1-2%. As long as the difference is so small, we can see that the top changes hands more often. By the way, let’s point out that Microsoft is in third place with a value of $3.18 trillion.
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.