NVIDIA Surpasses Apple with $3.012 Trillion Market Value, Expected to Keep Rising

NVIDIA's Market Value Surpasses Apple's at $3.012 Trillion, Huang Aims for World's Richest

New News: NVIDIA is now more valuable than Apple. Its value is $3.012 trillion.

Stock Went Up: NVIDIA's stock price rose 147% in 2024. Many people want to buy its computer chips for AI. There is more demand than supply. This made NVIDIA's value go up a lot.

Value Ranking: When the market closed, NVIDIA was worth $3.012 trillion. Apple was worth $3.003 trillion. So NVIDIA is now the second most valuable public company in the world. Only Microsoft is worth more.

AI Chips: The big reason NVIDIA's value went up is because it makes the best AI chips. Companies like Microsoft and Meta need these chips for AI. So they are buying a lot from NVIDIA.

New Milestone: NVIDIA is now one of only three companies ever to be worth over $3 trillion. The other two are Apple and Microsoft.

Maybe #1 Soon: If NVIDIA keeps growing, it could become the most valuable company in the world soon. It would be the first computer chip company to be number one globally.

We are witnessing a historic milestone in the global stock market.

In the past 32 trading days, NVIDIA's market value has increased by over $1 trillion. This six-week growth exceeds the total market value of Berkshire Hathaway, which Warren Buffett built over 60 years.

Since its low point in October 2022, NVIDIA's stock price has risen nearly 1000%.

NVIDIA shareholders and enthusiasts are thrilled.

Over the past five years, NVIDIA's stock price has increased by 327%. As of June 5, its latest stock price was $1,224.40, nearly 150% higher than in January. On June 7, NVIDIA will undergo a 10-for-1 stock split.

An investment of $10,000 in NVIDIA in 2010 is now worth about $3.2 million. A substantial profit!