Shares of chipmaker NVidia rose by more than 3 percent, becoming the most valuable public company in the world as the company's market value rose to $3.33 trillion, surpassing Microsoft and Apple. Earlier this month, NVidia achieved a market capitalization of $3 trillion for the first time, beating Apple.
NVidia shares have risen more than 170 percent since the start of this year after the company reported first-quarter earnings in May. The stock has more than 9-fold since the end of 2022, a rally that coincided with the advent of generative artificial intelligence.
Source (Al-Arabiya.net Website, Edited)
