This performance highlights the strategic relevance of artificial intelligence in the technology industry, where the valuations of Nvidia, Apple and Microsoft show continued competition.
Nvidia once again surpassed Apple as the most valuable company in the world market this Friday, driven by a record increase in its shares due to strong demand for its innovative i chipsartificial intelligence for computing.
At the time, Nvidia’s capitalization reached US$3.53 trillion, while Apple stood at US$3.52 trillion, according to LSEG data.
In addition, Nvidia’s share increased 2.40% this Friday, reaching US$143.56, while Apple’s share price, which rose 2.39%, stood at US$232.51.
Nvidia.jpg
In June, Nvidia had briefly reached the top in terms of market value, before being overtaken by Microsoft and Apple. During recent months, the capitalization of these three technology giants has remained at similar levels. However, on Friday, Microsoft recorded a market value of $3.20 trillion.
Nvidia shares have risen 18% in October, benefiting in part from the recent $6.6 billion funding round from OpenAI, the company behind ChatGPT.
Top 10 companies in the world by market capitalization as of October 25, 2024
Market capitalization: US$3.5 trillion.
Market capitalization: US$3.5 trillion.
Market capitalization: US$3.2 trillion
Market capitalization: US$2.4 trillion
Market capitalization: US$1.9 trillion
Market capitalization: US$1.7 trillion
- Meta Platforms (Facebook) (META)
Market capitalization: US$1.4 trillion
- Taiwan Semiconductors (TSM)
Market capitalization: US$1.0 trillion
- Berkshire Hathaway (BRK-B)
Market capitalization: US$985.29 million.
Market capitalization: US$850.47 million
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
