In a landmark achievement, Nvidia has become the world’s most valuable company, surpassing tech giants like Apple and Microsoft.
Nvidia’s stock price surged yesterday (18), pushing its market capitalization to an unprecedented $3.34 trillion.
The stock ended the trading day at nearly $136, up 3.5%, making Nvidia more valuable than Microsoft.
Following Nvidia in the list of the world’s most valuable companies are:
1. Apple - with a market capitalization of $2.6 trillion, known for its innovative consumer electronics and services.
2. Microsoft - at $2.5 trillion, a leader in software, cloud computing, and enterprise solutions.
3. Saudi Aramco - valued at $2.1 trillion, the state-owned oil giant and the world’s largest oil producer.
4. Alphabet (Google) - with a market cap of $1.8 trillion, dominating the search engine and online advertising market.
Nvidia’s CEO, Jensen Huang, expressed his excitement, stating, “This milestone is a testament to the hard work and innovation of our team. We are committed to pushing the boundaries of technology to create a better future for everyone.”
(colombotimes.lk)