Finally, Nvidia surpassed Apple and became the world’s most valuable tech company. According to reports, the company graced 2 trillion dollars from 1 billion trillion in just nine months in February while it took 3 months only to reach 3 trillion dollars in June.
Now in the current stats, Nvidia become the most valuable company in the world while Apple stands as 2nd most valuable company with $3.286 trillion. Microsft slipped 0.45% and stands with a $3.317 trillion market cap. As we can see, Nvidia’s share value nearly tripled, with a 19% rise in Microsoft shares.
Nvidia Is Leading Chipset Market Alone
Nvidia is a leading American company that makes professional CPUs, GPUs, and APIs for high-end data computing and system performance. Recently they have invested in R&D on AI which brings some great results that make it more valuable.
The main reason for the rapid rise in their share price is their AI-based CPU and GPU which are made for very professional high-end work.
Nvidia’s daily turnover has crossed $50 billion while Apple, Microsoft, and even Tesla considering 10 billion dollars.
Latest Nvidia GPU: GeForce RTX 30 Series
Recently Nvidia introduced the most powerful GeForce RTX 30 Series GPU that delivers high-end performances for gamers and live streamers for multitasking. This powerful GPU is powered by NVIDIA’s 2nd gen RTX architecture with the 2nd gen RT Cores and 3rd gen Tensor Cores which produce ray-traced graphics with the help of an AI module.
Nvidia making a grand victory in the world of SoC manufacturing for desktops and laptops. High-end desktop users making it their first choice while AMD and Intel are ahead of this.
Who is the founder of Nvidia?
Jensen Huang is the founder of Nvidia which established this company in 1993 but still, they have only a 33.33% stake in the company with wealth is around 64 billion dollars.
