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Nvidia Surpasses Apple to Reach $3.73 Trillion Valuation, Jensen Huang to Speak at CES 2025
Jan 6, 2025, 07:07 PM
Nvidia Corp. has surpassed Apple Inc. to become the world's most valuable company by market capitalization, reaching a peak of $3.73 trillion on Monday. This surge in Nvidia's stock value came ahead of a keynote speech by CEO Jensen Huang at the CES 2025 technology conference in Las Vegas. Huang's address, scheduled for 6:30 p.m. PT, is anticipated to provide updates on Nvidia's Blackwell and Rubin graphics processing units, as well as insights into the company's AI and robotics strategies. Nvidia's stock closed at a record high of $149.43 per share, surpassing its previous record of $148.88 set on November 7, 2024. The rise in Nvidia's market value was part of a broader rally in technology stocks, with the Nasdaq also reaching a 2025 high, driven by interest in the AI market.
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