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NVIDIA's total market capitalization surpasses that of Apple Inc.

2024-06-06

NVIDIA has increased by more than 5%, marking its third straight trading day hitting record highs. Its total market value has broken through the $3 trillion barrier, surpassing Apple and becoming the second most valuable company worldwide, trailing only MICrosoft. NVIDIA's cumulative rise this year has exceeded 147%.

NVIDIA's outstanding peRFormance once again validates the persistent buoyancy of global AI investment. Previously, NVIDIA revealed its new product roadmap, demonstrating its complete range of Blackwell products, and hinted at the Rubin next-generation platform for 2026. The accelerated product iterations continue to spur explosive growth in AI applications from the supply-side perspective. Besides the upgrade of its core chips, NVIDIA is also making further advancements on the system side with upgrades to switches, liquid cooling, copper connections, among others. NVIDIA's outperforming results reconfirm the continuous high spirits surrounding global AI investments.