Chip race: Microsoft, Meta, Google, and Nvidia battle it out for AI chip supremacy
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Nvidia is the world’s most valuable company at the moment.
Riding a valuation pumped up by generative AI and its chips that power many of the tools, Nvidia’s market cap has passed not only Apple but now Microsoft, too, at more than $3.3 trillion, as reported by Bloomberg.
The markets are still open, but the rise has been fast — Nvidia shares are up 160 percent in 2024, passing $2 trillion in February.
Image: Bloomberg
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