The rise is fueled by Nvidia’s AI chips, essential for systems like ChatGPT and Google’s Gemini, making it a key player in the AI boom.
With a valuation of $3.43 trillion, Nvidia has surpassed Apple's $3.38 trillion valuation, reflecting investors’ confidence in its AI capabilities.
Nvidia's current market cap exceeds the combined value of Amazon and Meta, underscoring its dominance in AI-related technology investments.
Nvidia briefly became the most-traded firm in June, reflecting investor enthusiasm. Its current surge cements its place as a market leader.
Its AI chips, central to generative AI, have made Nvidia indispensable. This role underpins its market position and rising stock values.
Nvidia will join the Dow Jones Industrial Average, underscoring its transformation into a major tech leader since the AI boom in 2022.