- Jun 6 2024
- Business
NVIDIA Surpasses Apple, Becoming Second-Most Valuable Company Globally
In a historic shift, NVIDIA has eclipsed Apple to become the world's second-most valuable publicly traded company. Boasting a market cap exceeding $2.5 trillion, NVIDIA's growth is fueled by demand for its GPUs and AI technology, outpacing Apple's $2.35 trillion valuation hindered by supply chain woes and waning iPhone sales.
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