Guess who's the new king of Wall Street, knocking Apple off the throne? It's Nvidia!
The chip-making powerhouse, surged past Apple to become the most valuable company in the world!
Its stock shot up 2.9 percent on the fifth of November, hitting almost 140 dollars per share, pushing Nvidia’s market value to a whopping 3.43 trillion dollars—just ahead of Apple at 3.38 trillion dollars.
This isn’t the first time Nvidia has claimed the top spot; it briefly held the title in June 2024 also, but only for a day.
With the AI boom in full swing, the world’s biggest tech firms are pouring billions into Nvidia’s advanced AI tech.
Can Nvidia hold onto this title for longer this time?. And how does it compare to giants like Amazon and Meta? We will find out in the coming months.
For now, Nvidia's the talk of Wall Street!
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