Microsoft's dethronement makes Nvidia the world’s most valuable company.
The stock of the chip manufacturer rose to $135.58 by 3.5% on Tuesday, raising its market cap to $3.335trillion.
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On the other hand, Microsoft and Apple shares (2nd and 3rd places) went down by 0.45% and 1.1%, respectively.
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For example, almost eighty percent of AI chips used in OpenAI’s ChatGPT data centers are produced by Nvidia.
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If these had invested ten thousand dollars into this corporation in 1999, they would be worth nearly sixty million dollars today.
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