Nvidia overtakes Apple as world’s most valuable company
NVIDIA dethroned Apple as the world’s most valuable company on Friday (Oct 25), following a record-setting rally in the stock powered by an insatiable demand for its new supercomputing artificial intelligence (AI) chips. Nvidia’s stock market value briefly touched US$3.53 trillion, while that of Apple was US$3.52 trillion, according to data from LSEG. In June,…