In important historical events Nvidia’s market capitalization has increased to $3.6 trillion. Making it the first company to achieve this valuation. Shares of the leading AI chip maker jumped 2.2% on Thursday on investor optimism following Donald Trump’s election victory. Investors are hopeful about possible tax cuts and deregulation under a Republican administration. This contributed to Nvidia’s stock soaring. Nvidia overtakes Apple to become the world’s most valuable company.
NVIDIA shares closed at a market capitalization of $3.65 trillion
That’s higher than Apple’s previous record of $3.57 trillion from Oct. 21. The chipmaker’s price increase on Tuesday propelled Apple into the lead as the world’s most valuable company. According to LSEG, this success reinforces Nvidia’s dominant position in the AI chip space and the market’s strong confidence in its future growth. As advances in artificial intelligence and computer.
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