Nvidia is expected to become the highest-valued company in history
As Wall Street's optimism about artificial intelligence doubles, Nvidia's market capitalization once reached $3.92 trillion, poised to become the highest-valued company in history. Its stock price rose 2.4% in early trading to $160.98, surpassing Apple's historical high of $3.915 trillion set in 2024. Currently, Nvidia's market capitalization stands at $3.89 trillion, with Microsoft and Apple ranking second and third, respectively
Reuters, July 3 - As Wall Street's optimism about artificial intelligence doubles, Nvidia (NVDA.O) saw its market capitalization reach $3.92 trillion during intraday trading on Thursday, potentially becoming the highest-valued company in history.
The leading high-end artificial intelligence chip design company's stock price rose 2.4% in early trading to $160.98, surpassing Apple's (AAPL.O) historical closing high of $3.915 trillion set on December 26, 2024.
Nvidia recently increased by 1.5% to $159.60, with a market capitalization of $3.89 trillion, slightly below the record set by Apple.
Microsoft (MSFT.O) rose 1.7% to $499.56, with a current market capitalization of $3.7 trillion, ranking second.
Apple increased by 0.8%, with a market capitalization of $3.19 trillion, ranking third
