Nvidia topples Apple with $3 trillion market cap

Source: Fox Business

“Nvidia CEO Jensen Huang got the rock star treatment this week touring Taiwan, his birth country, while here in the U.S. investors continued to treat the stock, which is the biggest proxy for artificial intelligence, as a sure thing. The chipmaker’s market value of $3.01 trillion surpassed Apple’s by a slim margin and trailed only Microsoft, the world’s largest company. It is the third U.S. company on record to close above the $3 trillion market cap milestone, as tracked by Dow Jones Market Data Group.” (06/06/24)