Nvidia surpasses Apple to become world's most valuable company

videogameschronicle.com October 27, 2024, 06:01 PM UTC

Nvidia has surpassed Apple as the world's most valuable company, reaching a market value of $3.53 trillion. This shift is driven by Nvidia's role as a key supplier of computing parts for artificial intelligence development. The companies have exchanged the top position multiple times this week, with Nvidia's value fluctuating between $3.47 trillion and $3.53 trillion. Strong demand for Nvidia chips continues as more companies adopt AI technologies. Nvidia is also set to announce its new 50 series graphics cards soon, with listings for several models already online. Additionally, Nvidia will provide components for Nintendo's upcoming console, expected to be revealed by March 2025.


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