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Nvidia overtakes microsoft in market cap

  • Nvidia has surpassed Microsoft in market capitalization, reclaiming its position as the most valuable publicly traded company globally.
  • Nvidia's market cap reached $3.45 trillion with a 3% increase in its stock value to $141.4, exceeding Microsoft's market cap of $3.44 trillion.
  • Nvidia's stock surged by almost 24% in the last month, driven by robust growth in the face of export control and tariff concerns.
  • The company's rise is attributed to the success of its AI chips, powering applications for entities like OpenAI, contributing to its significant revenue growth.

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