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Mar 9, 2024

AI chipmaker, NVIDIA to rank world’s 3rd most valuable company

Posted by in category: robotics/AI

Three weeks after surpassing Google’s parent company Alphabet to become the fourth most valuable company in the world, NVIDIA has now overtaken Saudi Aramco in market value.

This makes the AI chipmaker the third most valuable company in the world and in the United States, trailing only behind Apple Inc. and Microsoft Corp.

At the close of Friday’s trading session, NVIDIA’s market capitalization stood at $2.06 trillion, marking its inaugural venture above the $2 trillion threshold.

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