NVIDIA's market cap has surpassed $3 trillion, overtaking Apple

On the evening of June 5, the capitalization of the NVIDIA company exceeded 3 trillion dollars, thanks to a 5.16% increase in the value of shares. Thus, the well-known manufacturer of graphics chips has overtaken Apple and taken the second position in the list of the most valuable corporations in the world.

Now, the leading company in the world remains Microsoft, with a capitalization of 3.15 trillion. However, considering NVIDIA's growth rate, Jason Huang's corporation may soon overtake the creators of Windows.

The unprecedented growth of NVIDIA's capitalization is related to artificial intelligence. In 2022, the company launched the flagship H100 chip, which is in high demand for neural network training. A year later, NVIDIA's value increased to $1 trillion, and in February 2024, the company surpassed the $2 trillion mark.