NVIDIA, a chip manufacturer, made history by becoming the world’s most valuable company on June 18, 2024, with a market value of $3.33 trillion, surpassing Apple, which had previously overtaken Microsoft.

NVIDIA is now the top company in terms of value globally.

The rise in NVIDIA’s stock value to $135.18 (R$730.88) reflects the company’s success in the competitive technology market, allowing it to surpass two major industry players.

• Microsoft’s market value of $3.32 trillion exceeded Apple’s at the start of the year, keeping Microsoft in the top position for a substantial time.
• Apple, with a current valuation of $3.28 trillion, has been overtaken by Microsoft and NVIDIA, now ranking third.

NVIDIA’s success can be credited to the rapid expansion of the chip industry, fueled by the increasing need for cutting-edge technologies and artificial intelligence (AI). One significant client of NVIDIA is Microsoft, which utilizes their chips to create AI solutions internally.

NVIDIA’s actions this year saw a rise of over 180%, showing the market’s excitement for the company’s innovations and technological leadership.