NVIDIA's market value surpasses $3 trillion, exceeding Apple Inc

ChainCatcher news, according to Jinshi reports, on Wednesday, Nvidia (NVDA.O) stock price rose by 5.2%, closing at a record $1224.40, with a market capitalization exceeding $3 trillion, surpassing Apple (with a market cap of $3.00 trillion). In just one day on Wednesday, it increased by over $140 billion, and in the past 9 trading days, there were 4 trading days where the market cap rose by more than $100 billion.

Nvidia has become the first computer chip company in history to reach a market cap of $3 trillion. The last time Nvidia's market cap exceeded Apple's was in 2002, five years before the first iPhone was released. At that time, both companies had market caps of less than $10 billion.