Nvidia overtakes Apple to become world's second-most valuable company
Briefly

from www.aljazeera.com9 months ago
Nvidia overtook Apple to become the world's second-most valuable company, with furious demand for its shares driving its market capitalisation to over $3 trillion.
www.aljazeera.comhttps://www.aljazeera.com/economy/2024/6/6/nvidia-overtakes-apple-to-become-worlds-second-most-valuable-company
Nvidia's rally is fueled by a boom in artificial intelligence, with revenues surging over 260% as tech giants rush to adopt AI technologies.
www.aljazeera.comhttps://www.aljazeera.com/economy/2024/6/6/nvidia-overtakes-apple-to-become-worlds-second-most-valuable-company
Nvidia's stock has more than doubled in value this year after tripling in 2023, and a recent 10-for-1 stock split aims to increase accessibility for investors.
www.aljazeera.comhttps://www.aljazeera.com/economy/2024/6/6/nvidia-overtakes-apple-to-become-worlds-second-most-valuable-company
Apple, the first company to hit $1 trillion and $2 trillion market cap, faces challenges with iPhone demand in China and seeming lag in AI innovation compared to rivals.
www.aljazeera.comhttps://www.aljazeera.com/economy/2024/6/6/nvidia-overtakes-apple-to-become-worlds-second-most-valuable-company
Read at www.aljazeera.com
#nvidia #apple #market-capitalization #stock-market #artificial-intelligence
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