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Nvidia Surpasses Apple as World's Most Valuable Company

Nvidia's market cap reaches $3.43 trillion amid surging AI demand, overtaking Apple and marking a significant milestone in the tech industry.

  • Nvidia's market capitalization climbed to $3.43 trillion, surpassing Apple's $3.38 trillion, driven by strong demand for AI technology.
  • This marks the second time Nvidia has overtaken Apple in market value, with the first occurrence happening briefly in June 2024.
  • Nvidia's shares have surged over 850% since the end of 2022, reflecting its pivotal role in the AI infrastructure boom.
  • Intel has been replaced by Nvidia in the Dow Jones Industrial Average, highlighting Nvidia's growing influence in the semiconductor industry.
  • Despite Nvidia's rapid ascent, Apple's financial performance remains robust, with expectations of continued competition between the two tech giants.
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