Nvidia worth $3tn, overtaking Apple

[Kyng]

https://www.bbc.co.uk/news/articles/c6ppqd3j621o

Nvidia's market value has surged past $3tn (£2.3tn), lifting the chip giant ahead of Apple to become the second most valuable publicly listed company in the world.

The firm's share price rose more than 5% on Wednesday, to more than $1,224.

It extended a breathtakingly rapid climb that started last year, powered by bets that the US firm is positioned to be a major winner from a wave of investment in artificial intelligence (AI).

Its market value now sits just behind Microsoft, another key player in the industry thanks to its investments in Chat GPT-maker OpenAI.

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Wow, this surprised me, since I only really knew them for graphics cards . But they're also a leading player in AI, which is where most of this insane money is coming from.

I wonder what they're going to do with it, i.e. whether they're going to buy up any smaller tech firms?

[~ True Legend ~]

I also only knew them for graphics cards and never knew them for AI. Gotta read up on it Kyng my friend, we are both out of the loop 😆

[Kyng]

I also only knew them for graphics cards and never knew them for AI. Gotta read up on it Kyng my friend, we are both out of the loop 😆

Yeah, I feel like I'm starting to get old... I'm a bit out of the loop with the latest tech stuff !