Nvidia exceeded Apple's market capitalization, becoming the world's largest company, driven by an impressive 850% growth since late 2022 amid a global AI surge.
Nvidia's market value reached $3.43 trillion, surpassing Apple's $3.38 trillion. The two tech giants have previously exchanged leadership positions, with Nvidia taking the top spot in June.
While Apple has introduced its generative AI offering, Nvidia continues to be integral for leading large language models, solidifying its position in the AI industry.
With OpenAI reportedly collaborating with Broadcom on proprietary systems, Nvidia's dominance in AI technologies is put into perspective during this competitive landscape.
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