Nvidia Becomes Most Valuable Public Company

SOURCE www.cnbc.com
Nvidia, known for its graphics chips, has become the most valuable public company in the world, surpassing Microsoft and Apple. Its market cap is $3.34 trillion, with significant growth driven by AI chip dominance in data centers.

Key Points

  • Nvidia's market cap surpasses $3 trillion, making it the most valuable public company
  • Significant growth due to AI chip dominance in data centers
  • CEO Jensen Huang's net worth reaches $117 billion

Pros

  • Nvidia's market cap surpasses Microsoft and Apple, reaching $3.34 trillion
  • Growth driven by dominance in AI chips for data centers
  • CEO Jensen Huang's net worth reaches $117 billion

Cons

  • Nvidia not yet added to the Dow Jones Industrial Average