Nvidia today became the first public company to hit a $4 trillion market value as shares briefly rose to $164. Stock has dropped back to around $163 per share, so
Nvidia today became the first public company to hit a $4 trillion market value as shares briefly rose to $164. Stock has dropped back to around $163 per share, so the company is now hovering at the $3.9T mark.



Apple became the world's first $3 trillion company in January 2022, and it was at one point the
world's most valuable public company, but it has been unable to maintain that position with competition from Nvidia and Microsoft.

Nvidia first hit the $3 trillion mark in June 2024, and it's at the $4 trillion mark just over a year later. Nvidia is now the world's most valuable publicly traded company, with Microsoft taking second place and Apple coming in third.

Microsoft has a market value of $3.74T, while Apple has a $3.14T market value. Microsoft is expected to hit the $4T mark ahead of Apple. Amazon, Alphabet, and Meta have market values of $2.36T, $2.15T, and $1.84, respectively.

Nvidia's value has soared over the last few years due to demand for its AI server chips.
This article, "Nvidia Beats Apple to $4 Trillion Market Value" first appeared on MacRumors.com

Discuss this article in our forums

original link


You may also be interested in this

Today in Apple history: S…

On September 11, 2009, Microsoft CEO Steve Ballmer snatched a Microsoft worker's iPhone during a big meeting and pretended to destroy it. (via Cult of Mac - Tech and culture

iPhone 16 Pro Max assembl…

Luxshare could see significant growth through 2023 and 2024 as Apple helps it build production lines in India while also offering it iPhone 16 Pro Max production.Luxshare getting help from

The Babylon Bee lampoons …

Apple CEO Tim Cook The Babylon Bee, famous for publishing satirical articles on a wide variety of topics with 20 million monthly page views, has trained its sites on Apple

President Trump asks Appl…

President Trump speaks with Tim Cook at an American Workforce Policy Advisory Board meeting in March 2019. (photo: Al Drago/Bloomberg News) President Donald Trump stated he has urged Apple’s CEO

Apple Opens Doors to Its …

Apple recently invited CNET's Patrick Holland to tour its specialized laboratories in Cupertino where company engineers test and calibrate the iPhone 16's audio and video capabilities. Holland's visit centered on

Apps that make great gift…

Apps have forever changed the way we live our daily lives, but believe it or not, there are… The post Apps that make great gifts in 2023 appeared first on

Apple Releases New Firmwa…

Apple today introduced new 5E135 firmware for the AirPods 2, the AirPods 3, the original AirPods Pro, the ‌AirPods Pro‌ 2, and the AirPods Max, up from the 5E133 firmware

Hands-on: ‘AirCard’ puts …

Since Apple released the AirTag, companies have been flying to create cases, lanyards, keychains, and so many other accessories. For the most part, these accessories work. I have one on
X

A whimsical homage to the days in black and white, celebrating the magic of Mac OS. Dress up your blog with retro, chunky-grade pixellated graphics to evoke some serious computer nostalgia. Supports a custom menu, custom header image, custom background, two footer widget areas, and a full-width page template. I updated Stuart Brown's 2011 masterpiece to meet the needs of the times, made it responsive , got dark mode, custom search widget and more.You can download it from tigaman.com, where you can also find more useful code snippets and plugins to get even more out of wordpress.