World’s most valuable company Nvidia reaches record new high price
Nvidia sets new record share price in AI race
- Nvidia's share price reached a new record high, securing its position as the world's most valuable public company.
- With a market capitalisation value of 3.76 trillion, Nvidia is on track to become the first $4 trillion company.
- The company has significantly outperformed competitors like Microsoft and Apple, with its shares surging 64 per cent since early April.
- Originally a graphics card company, Nvidia has evolved into a leader in artificial intelligence infrastructure and processing units.
- The majority of Nvidia's substantial profits are driven by its data centere division, which provides essential chips for the AI revolution.