NVIDIA this morning surpassed Microsoft to become the company with the highest market value in the world. NVIDIA's market value at the time of writing...
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Last week NVIDIA became the company with the world's highest market value of around $3.335 trillion (~RM 15.68 trillion). Yesterday it rose to third place after being overtaken by Microsoft and Apple. Today NVIDIA's stock value continues to decline causing its market value to now fall to $2.905 trillion.In fact, NVIDIA's stock value has declined from $139.89 last Thursday to $118.10 yesterday, a decrease of 15.6%. Shares fell further after reports emerged that company CEO Jensen Huang sold $95 million worth of stock shortly after NVIDIA achieved the status of the world's most valuable company.Analysts say the fall is also due to the normalization of the company's stock value, which has surged 40% since the start of 2024. This is driven by high demand for NVIDIA-produced CPUs and GPUs used to train AI models. Currently NVIDIA holds 90% of the global GPU market.Although the "AI fever" is still palpable, public concerns about the development of artificial intelligence threatening human careers and high energy and water consumption by data centers also strengthen opposition to AI.
NVIDIA this morning surpassed Microsoft to become the company with the highest market value in the world. NVIDIA's market value at the time of writing...
NVIDIA's status as the most valuable company in the world could not last more than a week because this morning they were again overtaken by Microsoft....
Nvidia's startling ascent in the stock market reached another milestone Tuesday as the chipmaker rose to become the most valuable company in the...
Nvidia Corp. has cemented its position as the world’s most valuable company, surpassing tech giants like Apple Inc. and Microsoft Corp. with a...
Nvidia's market value surpasses Microsoft and Apple, driven by AI surge and coveted chips like H100 accelerators, leading to a sales increase of over...
Nvidia's share price dropped by 3.4%, losing its top position to Microsoft. The semiconductor giant's market value fell to $3.34 trillion, down $91...
Chip giant's market capitalisation hits $3.335 trillion as stock prices continues its stellar rise.
On Tuesday, Nividia shares rose 3,6%, lifting its market value to $3,35-trillion and making it the world’s most valuable public company, powering...
Jensen Huang's company is standing at a market value of about $3.3 trillion, catapulting it over Microsoft and Apple.
For the first time since 2002, Nvidia capped Apple by market value earlier this month. The AI company's stock surged about 173% so far this year.