- NVIDIA has become the world’s most valuable firm, beating out Microsoft and Apple.
- The company is now worth a whopping $3.34 trillion, and made the significant leap in just under two years.
- Investors have driven NVIDIA to the top thanks to the craze around generative AI and the technology that runs it, which the company sells.
Since the 1990s the horse race for the world’s most valuable company has been between just two firms, but today a new horse has hit the track, and it seemingly grew blisteringly fast in a short amount of time. On Wednesday, the manufacturer of processors NVIDIA became the world’s most valuable company.
Driven by a frenzy for generative AI, NVIDIA’s valuation has exploded to $3.34 trillion in just under two years since ChatGPT became available internationally and started the race for the innovative technology.
NVIDIA took the top spot as the world’s most valuable …