Nvidia surpasses Microsoft to become world’s most valuable company

Nvidia surpasses Microsoft to become world’s most valuable company

Nvidia share price rallied over 3% on Tuesday as the chip maker the world’s most valuable company, dethroning tech heavyweight Microsoft. Nvidia shares rose 3.5% to $135.58, lifting its market capitalization by over $110 billion to $3.335 trillion, just days after overtaking iPhone maker Apple to become the second most valuable company, Reuters reported. The … Read more

After $2 trillion gain, Nvidia is still irresistible to many

After $2 trillion gain, Nvidia is still irresistible to many

And yet many investors are betting the rally in the world’s most valuable chipmaker still has room to run. For more than a year, Nvidia has sailed past earnings and share-price expectations. On Sunday, the company announced plans for new chips to stay ahead of the competition. On Monday, Bank of America analysts lifted their … Read more