Nvidia Becomes The Most Valuable Company

Nvidia overtake Microsoft and Apple as World’s most valuable company.

Nvidia is an American company. It is Multinational Corporation and Technology Company, headquartered in Santa Clara, California, and incorporated in Delaware. The company was founded in 1993 by Jensen Huang, Chris Malachowsky, and Curtis Priem. Nvidia known as making GPUs, Gaming Processors, Graphic cards, Robotics, Healthcare Technology, Ai, and Robotics. In the modern World, Everyone takes advantage of Ai. Nvidia prove to the world Ai is important in modern life.

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After successfully making great profits in Ai GPU maker Nvidia hits $3.34 trillion market cap as “watershed” year continues to see its stock rise.

Nvidia has become the most valuable company in the world after its market grow to $3.34 trillion, overtaking Microsoft at $3.32 trillion and apple at $3.28 trillion.

Nvidia shares ended trading on June 18 at $136 per share that 3.5% increase. Since the beginning of 2024, Nvidia’s stock price increased by more than 170%.

Last June, the company’s stock price were worth $43.05 at a volume of 55 million. Following a recent 10 for one stock split, there are 294 million shares. The investors jumping at the chance to increase the price share for a company on the rise.

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When Nvidia founded in 1993, Nvidia started its life by designing PC chips for video game graphics. In last 2 years, Nvidia specialized in hardware that power up Ai workloads. As a result, many biggest companies in the world targeting Nvidia GPUs to power their Ai projects. Its rivals companies like Microsoft and Apple using Nvidia hardware. That increase its stock price.

Nvidia’s stock growth is an increasing founder and CEO Jensen Huang’s net worth. The investors also enjoying it.

Huang owns a 3% share in Nvidia and plan to sell 600,000 common stock shares by March 2025.

With the company’s stock continuing to rise, his stake would be worth $119 billion, near the $123 billion fortune of former Microsoft CEO Steve Ballmer. That means, Huang will be in the list of Richest Man in the world.