Nvidia sets new record, leaves Apple, Microsoft behind; first company to achieve this milestone

Nvidia’s market value soared to $3.92 trillion on Thursday, potentially making it the most valuable company ever, driven by Wall Street’s AI optimism. Surpassing Apple’s previous record, Nvidia’s specialized chips are crucial for training large AI models, fueling immense demand. Its market capitalization exceeds the combined value of all publicly listed companies in Canada, Mexico, and even the United Kingdom.