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Nvidia just became world’s largest company amid AI boom
Nvidia just became the world’s largest company amid AI boom
Nvidia on Tuesday exceeded Apple’s market capitalization to become the world’s largest company, on the strength of a global AI push. As Bloomberg notes,
Nvidia rides AI wave to pass Apple as world’s largest company
“
Nvidia
overtaking Apple in market cap not only conveys that it is the biggest beneficiary of the
AI
infrastructure cycle, but it suggests people expect the
AI
boom will continue.” The chipmaker accounts for 7% of the weight of the S&P 500 Index and is ...
Nvidia overtakes Apple as world's most valuable company amid AI boom
Nvidia
has overtaken Apple to become the world’s most valuable company, driven by strong demand for
AI
technologies. The semiconductor company reached a market capitalisation of $3.43 trillion, surpassing Apple's $3.38 trillion. This change highlights ...
1h
on MSN
Here Are My Top Artificial Intelligence (AI) Stocks to Buy Right Now (Hint: Nvidia's Not on the List)
Plenty of stock have ridden the boom in artificial intelligence (AI) this year. I'm going to focus on the two that make my ...
CRN
3m
Analysis: Intel’s AI Chip Efforts Stall As AMD Gets A Boost Against Nvidia
While Intel said it will miss its modest 2024 revenue goal for Gaudi processors, rival AMD upgraded its full-year sales ...
1d
on MSN
Chip fever has created an $11 billion debt market backed by Nvidia's AI-enabling GPUs
Wall Street firms are loaning billions to a handful of tech companies that have used Nvidia's AI-enabling chips as collateral ...
4d
on MSN
Nvidia Has Been the Undisputed King of the Artificial Intelligence (AI) Revolution. Has the Chipmaker Finally Met Its Match?
Until then, however, Nvidia remains the king of the AI revolution. While it currently sells for roughly 34 times next year's ...
1d
The Best AI Investment: Nvidia, Microsoft, or Google?
In this analysis, I’ll leverage TipRanks’ Stock Comparison Tool to closely examine three leading AI investment opportunities.
1d
Nvidia: King Of AI Getting Pumped Up For More
Therefore, it's expected to benefit NVDA, given its market leadership in
AI
chips. The recent earnings release from ...
4h
NVIDIA pips Apple as the world’s most valuable company again thanks to growing AI wave
Unlike
NVIDIA
, which thrives on GPU-driven
AI
, Apple is focusing on
AI
features that run directly on devices, reducing ...
TechCrunch on MSN
5d
Nvidia-Run:ai deal to be reviewed under EU’s merger rules
The European Union has tossed a wrench in the works of chipmaker Nvidia's proposed acquisition of Tel Aviv-based AI workload ...
Techopedia
3h
Nvidia Overtakes Apple, Topping Global Market Value
Nvidia has overtaken Apple to become the most valuable corporation worldwide, reflecting AI’s growing dominance. Bloomberg ...
5h
on MSN
NVIDIA Corporation (NVDA) Resolves Blackwell AI Chip Design Flaw, Mass Production to Resume in Q4 2024
We recently compiled a list of the 35 AI News and Ratings You Should Not Miss. In this article, we are going to take a look ...
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