Nvidia is on track to become the world's most valuable company ever, with its market cap reaching $3.92 trillion, driven by Wall Street's optimism in Artificial Intelligence.
Nvidia's latest chips have gained traction in training large AI models, leading to increased demand for the company's products.
With a market capitalization of $3.7 trillion, Microsoft is currently the second-most valuable company, followed by Apple at $3.19 trillion.
The race to establish AI data centers and dominate the technology sector has heightened demand for Nvidia's high-end processors, surpassing the combined value of Canadian and Mexican stock markets.