Publicly available news and financial reports on company acquisitions

Nvidia Becomes World's Most Valuable Public Company at $3.33 Trillion, Surpassing Microsoft

Jun 18, 2024, 05:16 PM

Nvidia has surpassed Microsoft to become the world's most valuable public company, reaching a market capitalization of $3.33 trillion. This marks the first time Nvidia has achieved this status, overtaking other tech giants such as Apple and Microsoft. The company's shares have experienced significant growth, rising 3.2% to $135.21, driven by its central role in the artificial intelligence market. Nvidia's valuation has increased dramatically over the past year, including a milestone in June 2024, reflecting investor confidence in its continued expansion and technological advancements. The company is growing 262% year-over-year.