Nvidia has surpassed tech giants Apple and Microsoft in market value, becoming the world’s most valuable tech company. Nvidia, founded in 1993, specializes in graphics processing units and AI technologies. Apple, founded in 1976, and Microsoft, founded in 1975, previously dominated the market.
Recent surges in Nvidia’s stock are driven by soaring demand for AI and machine learning applications. Nvidia’s biggest sales were bolstered by breakthroughs in AI technologies and software, positioning them as a leader in the futuristic AI landscape.
The company’s CEO, Jensen Huang, expressed confidence that AI will shape the next wave of tech innovation, propelling Nvidia to unprecedented heights.
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