NVIDIA (NVDA) Briefly Surpasses Apple (AAPL) in Market Value

Oct 25, 2024

In recent trading, NVIDIA (NVDA) briefly overtook Apple (AAPL, Financial) to become the highest-valued public company globally. The surge in NVIDIA's stock price was driven by strong demand for its new supercomputing AI chips. Data indicates that NVIDIA's market valuation reached $3.53 trillion, slightly surpassing Apple's $3.52 trillion.

Earlier in the year, NVIDIA had temporarily claimed the top spot in terms of market value but was soon surpassed by Microsoft (MSFT) and Apple. Recently, these three tech giants have been closely matched in market valuations. Currently, Microsoft's market value stands at $3.2 trillion.

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