Nvidia briefly on track to become world's most valuable company ever


FILE PHOTO: Nvidia products are displayed after its CEO Jensen Huang made a keynote speech at Computex in Taipei, Taiwan May 19, 2025. REUTERS/Ann Wang/File Photo

(Reuters) -Nvidia hit a market value of $3.92 trillion on Thursday, briefly putting it on track to become the most valuable company in history, as Wall Street doubled down on optimism about AI.

Shares of the leading designer of high-end AI chips rose as much as 2.4% to $160.98 in morning trading, giving the company a higher market capitalization than Apple's record closing value of $3.915 trillion on December 26, 2024.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

US activists work to connect Iranians via Starlink
New on the iPhone: Shazam songs even when offline with iOS 26.4
First Robot: Melania Trump brings droid to White House event
Why AI means animal testing is not always needed to trial new medicines
Day of reckoning arrives for social media after US court loss
Teens get probation after using AI to create fake nudes of classmates
Revolut to base 40% of its global workforce in India by 2026
Apple rolls out age checks for UK users
Munich Re: AI making cyber attacks costlier and more effective
Nanya Technology shares surge 10% after $2.5 billion fundraising

Others Also Read