Nvidia Has Once Again Become The World’s Most Valuable Company Overtaking Apple Chip manufacturer Nvidia has again become the world’s most valuable company. Nvidia achieved this success by surpassing Apple due to a continuous increase in share price.
With this, the total value of the company has reached 30 trillion 53 billion dollars. But it is only slightly more than Apple’s. Earlier, Nvidia became the most valuable company in the month of June. But he was overtaken by Microsoft and Apple in a short time.
Now these three companies are competing fiercely in the market price. According to the market capitalization, the market value of Microsoft is 30 trillion 18 billion dollars and the value of Apple is 30 trillion 52 billion.
The share price of Nvidia, known for designing video game processors since the 1990s, has increased by about 18 per cent in October alone. The reason for this is that OpenAI announced that it will raise more than 6.5 billion dollars in investment.
Recently, when AI is being discussed all over the world, the chip is also in demand. This is the reason behind big companies like Apple, Microsoft, Alphabet, Meta Platform and Nvidia have become the most valuable companies in the world.
