Nvidia Flips Apple As Stock Hits $3 Trillion Market Cap Amid AI Boom - Decrypt thumbnail
Nvidia Flips Apple As Stock Hits $3 Trillion Market Cap Amid AI Boom - Decrypt
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The stock price of AI and gaming chip manufacturer Nvidia (NVDA) surged past $1,235 on Wednesday, up 14.2% for the day, bringing the company's market capitalization to $3.01 trillion, according to Yahoo! Finance. If the trend holds, Nvidia will be the second most valuable publicly traded company, le
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  • The stock price of AI and gaming chip manufacturer Nvidia (NVDA) surged past $1,235 on Wednesday, up 14.2% for the day, bringing the company's market capitalization to $3.01 trillion, according to Yahoo! Finance. If the trend holds, Nvidia will be the second most valuable publicly traded company, leapfrogging iPhone maker Apple (AAPL).
  • Nvidia—which has seen its stock skyrocket more than 150% so far this year—began the week trading at $1,125 on Monday before rising 9.78% on Wednesday. Apple is trading at $195.87, up 0.78% for the day.
  • The only other company in the $3 trillion club is Microsoft (MSFT), which has long held the top spot at $3.15 trillion and is trading at $424.01.
  • By comparison, the entire cryptocurrency marketplace has a market capitalization of $2.8 trillion, according to CoinGecko.

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