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Dubai News Club > Tech > Nvidia overtakes Microsoft as the world’s most valuable company
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Nvidia overtakes Microsoft as the world’s most valuable company

Press Room
Last updated: 2024/06/18
Press Room
Published: June 18, 2024
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Less than two weeks after Nvidia jumped Apple in terms of its overall valuation, the GPU maker has now passed Microsoft to stand as the world’s most valuable company based on the chips it makes that are key to powering a boom in generative AI technology.

At the close of trading on Tuesday, its share price stood at $135.58, up $4.60 from the previous day and pushing its market cap to $3.335 trillion. That’s more than Microsoft ($3.32 trillion), Apple ($3.29 trillion), and Google ($2.17…

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