Nvidia founder, president and CEO Jensen Huang talks about the future of artificial intelligence and its impact on energy consumption and production at the Bipartisan Policy Center in Washington, DC, on September 27, 2024.
Chip Somodevilla | Getty Images
NVIDIA Passed apple Its market capitalization soared on Tuesday, making it once again the world’s most valuable listed company.
The chipmaker’s shares rose more than 1% on Tuesday and are up about 4% so far in 2025, following gains of 171% in 2024 and nearly 239% in 2023, reflecting strong demand for the company’s artificial intelligence chips.
Meanwhile, Apple shares fell 4% on Tuesday. After growing 30% in 2024, their shares are down 12% this year. Influence.
Nvidia holds the vast majority of the market share for graphics processing units (GPUs), which is critical for the development and deployment of artificial intelligence software such as OpenAI’s ChatGPT. Although revenue growth slowed, it still nearly doubled to $35.08 billion in the latest quarter.
Apple was the first company to reach the $1 trillion, $2 trillion and $3 trillion market capitalization milestones. Nvidia previously overtook Apple in June and again in November.
On Tuesday, Nvidia’s market value was about $3.4 trillion, while Apple’s was $3.3 trillion. Major buyer of Nvidia GPUs. Microsoft said earlier this month that it expected Spend $80 billion to build artificial intelligence data center FY2025.
November, NVIDIA Join the Dow Jones Industrial Averagereplacing Intel and joining Apple and Microsoft in the blue-chip index ranks.
watch: NVIDIA’s excellent performance will continue and its growth rate will remain at a high level
