As Wall Street increased its optimism regarding AI, Nvidia’s market value reached $3.92 trillion on Thursday, putting it on track to become the most valuable corporation in history.
In morning trading, the market capitalization of the foremost manufacturer of high-end AI processors increased by 2.4% to $160.98, surpassing Apple’s record closing value of $3.915 trillion on December 26, 2024.
The Santa Clara, California-based company’s latest chips have improved at training the biggest AI models, increasing demand for its goods.
With a $3.7 trillion market capitalization, Microsoft is currently the second most valuable firm on Wall Street. Its shares increased 1.7% to $499.56.
