Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Investing.com — Nvidia (NASDAQ:NVDA) has as soon as once more claimed the title of the world’s Most worthy publicly-traded firm, surpassing Apple (NASDAQ:AAPL) in market worth on Tuesday. This marks the third time Nvidia has overtaken Apple, having beforehand completed so in June and November.
Nvidia’s shares elevated by over 1% on Tuesday. Up to now in 2025, the chipmaker’s shares have risen about 4%, following a 171% enhance in 2024 and almost 239% in 2023. This strong progress displays the sturdy demand for Nvidia’s synthetic intelligence (AI) chips.
In distinction, Apple’s shares fell by 4% on Tuesday, bringing the whole decline this 12 months to 12%. Regardless of a 30% acquire in 2024 and the event of its Apple Intelligence suite of AI options for telephones and laptops, Apple’s enterprise has not benefited from the AI increase to the identical extent as Nvidia.
Nvidia holds nearly all of the market share for graphics processing models (GPUs). These GPUs are essential for creating and deploying AI software program, resembling OpenAI’s ChatGPT. Though Nvidia’s income progress has slowed, it almost doubled to $35.08 billion in the latest quarter.
Apple was the primary firm to realize market cap milestones of $1 trillion, $2 trillion, and $3 trillion. As of Tuesday, Nvidia’s market cap stands at roughly $3.4 trillion, in comparison with Apple’s $3.3 trillion. Microsoft (NASDAQ:MSFT) trails intently behind with a market cap of $3.2 trillion. Earlier this month, Microsoft, a serious buyer of Nvidia’s GPUs, introduced plans to spend $80 billion on AI knowledge facilities in fiscal 2025.
This text was generated with the help of AI and reviewed by an editor. For extra data see our T&C.