Nvidia Overtakes Microsoft as World’s Most Valuable Company

In a stunning move, Nvidia has dethroned Microsoft to become the world’s most valuable publicly traded company by market capitalization. The chipmaker’s market value surged past Microsoft’s $3.32 trillion, reaching approximately $3.34 trillion, as its shares gained over 3% during trading. This milestone underscores Nvidia’s meteoric rise fueled by booming demand for its advanced graphics processing units (GPUs), which are essential for powering artificial intelligence (AI) applications.