
Nvidia Corp’s relentless rally has propelled the semiconductor giant’s market capitalisation over its mega-cap tech peers, helping it clinch the title of the world’s most valuable company as the artificial intelligence (AI) wave continues.
Shares rose as much as 4 per cent to about US$3.3 trillion on Tuesday, catapulting it over Microsoft Corp and Apple. The top stocks have jockeyed all month for the pole position, with Nvidia edging past its Big Tech peers.