"Nvidia Surpasses Apple, Hits $3 Trillion Market Cap Amid AI Surge"

1 min read
Source: Decrypt
"Nvidia Surpasses Apple, Hits $3 Trillion Market Cap Amid AI Surge"
Photo: Decrypt
TL;DR Summary

Nvidia's stock surged past $1,235, bringing its market cap to $3.01 trillion, surpassing Apple and making it the second most valuable publicly traded company after Microsoft. Nvidia's success is driven by its advancements in AI and accelerated computing, with its stock up over 150% this year. Prominent investors like Nancy Pelosi have significantly benefited from Nvidia's rise.

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