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The Independent UK
The Independent UK
National
Karl Matchett

Nvidia sets new record share price in AI race

  • Nvidia's share price reached a new record high, securing its position as the world's most valuable public company.
  • With a market capitalisation value of 3.76 trillion, Nvidia is on track to become the first $4 trillion company.
  • The company has significantly outperformed competitors like Microsoft and Apple, with its shares surging 64 per cent since early April.
  • Originally a graphics card company, Nvidia has evolved into a leader in artificial intelligence infrastructure and processing units.
  • The majority of Nvidia's substantial profits are driven by its data centere division, which provides essential chips for the AI revolution.

IN FULL

World’s most valuable company Nvidia reaches record new high price

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