California-based chip manufacturer Nvidia surpassed Microsoft in terms of market value and became the world’s most valuable company. Nvidia’s shares traded on the Nasdaq exchange gained more than 3 percent in value as of 21.10 on Tuesday, rising to $135.96 per share. Thus, the total market value of the company reached 3.34 trillion dollars with the increase in its shares.
Nvidia’s success
Nvidia has gained over 170 percent in value since the beginning of the year, driven by increasing demand for artificial intelligence chips and its leading position in the field of technology. Nvidia, which exceeded its market value of $ 3 trillion at the beginning of June, became the most valuable company in the world with this success, surpassing Microsoft’s market value of $ 3.32 trillion.
