Nvidia briefly passes Apple as world’s most valuable company
There’s a three-way race for the top slot, with Microsoft maintaining a slight edge.
U.S. chipmaker Nvidia briefly overtook Apple to become the world’s second most valuable company by market capitalization on June 5 before dipping back into third place.
The movement occurred as Nvidia’s cap surged to over $3.01 trillion, pulling it within a stone’s throw of Microsoft’s first place cap of $3.1 trillion.
Not to be outdone, Apple retook its position as U.S. markets opened on June 6, climbing back into second place with a valuation of $3.007 trillion as of the time of this article’s publication. In the same time frame Nvidia remains in third place at a valuation of $2.973.
There’s a three-way race for the top slot, with Microsoft maintaining a slight edge.
U.S. chipmaker Nvidia briefly overtook Apple to become the world’s second most valuable company by market capitalization on June 5 before dipping back into third place. The movement occurred as Nvidia’s cap surged to over $3.01 trillion, pulling it within a stone’s throw of Microsoft’s first place cap of $3.1 trillion. Not to be outdone, Apple retook its position as U.S. markets opened on June 6, climbing back into second place with a valuation of $3.007 trillion as of the time of this article’s publication. In the same time frame Nvidia remains in third place at a valuation of $2.973.Read more