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  5. Nvidia Surpasses Apple as Second-Largest Public Company in the US

Nvidia Surpasses Apple as Second-Largest Public Company in the US

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Nvidia's stock price surged 5.16% to reach $1,224.40 on Wednesday, with its market capitalization rising to a record high of approximately $3 trillion. This makes Nvidia the second-largest publicly traded company in the US by market value. Apple's stock also saw an increase of 0.78%, closing at $196 per share. The rally comes as Apple prepares to split its stock 10-for-1, effective June 7th. Nvidia's rise is attributed to its strong position in the artificial intelligence industry. Its market value now trails only Microsoft, another major player in AI thanks to its investments in OpenAI.

  1. GBThe Guardian
    1. Nvidia hits $3tn and surpasses Apple as world's second most valuable company
  2. GBBBC
    1. Nvidia value surges past $3tn and overtakes Apple
  3. CACTV News
    1. Nvidia surpasses Apple to become the second-largest public company in the U.S.

Nvidia

  1. Nvidia Announces Plan to Build Up to $500 Billion in US AI Infrastructure
  2. Nvidia Reports Record Sales Despite Share Price Decline
  3. Nvidia Becomes World's Most Valuable Company

sources

  1. 1.The Guardian
  2. 2.BBC
  3. 3.CTV News

perspectives

  1. 1.US-China Relations
  2. 2.US Economy
  3. 3.Tech industry
  4. 4.China Claims in South China Sea
  5. 5.Political status of Taiwan
  6. 6.Artificial Intelligence
  7. 7.Datacenters
  8. 8.Semiconductor industry

countries

  1. 1.ChinaCN
  2. 2.Taiwan, Province of ChinaTW
  3. 3.United StatesUS

organizations

  1. 1.AppleUS
  2. 2.Microsoft
  3. 3.NvidiaUS
  4. 4.Alphabet Inc
  5. 5.CFRA
  6. 6.Computex
  7. 7.GoogleUS
  8. 8.MetaUS
  9. 9.Nasdaq
  10. 10.OpenAIUS
  11. 11.PHLX
  12. 12.Super Micro Computer

persons

  1. 1.Jensen Huang
  2. 2.Angelo Zino
  3. 3.Steve Jobs

technicals

  1. 1.Blackwell
  2. 2.iPhone
  3. 3.Silicon Valley