Not Microsoft or Apple! Company Topples Giants and Is Now the Most Valuable Company in the World; See What the Company Does

Written by Alisson Ficher

Published on 18/06/2024 at 21:27

Descubra como a Nvidia ultrapassou a Microsoft, alcançando um valor de mercado de US$ 3,335 trilhões, impulsionada pela demanda por inteligência artificial. (Imagem: reprodução)

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Nvidia Achieves Significant Milestone This Tuesday (18) by Surpassing Microsoft. This is because the company positioned itself as the most valuable publicly traded company in the world.

At the market close this Tuesday, the chip and semiconductor manufacturer reached a market value of US$ 3.335 trillion, approximately R$ 18 trillion at the current exchange rate.

Thus, the company surpassed Microsoft, which ended the day with US$ 3.317 trillion (R$ 17.9 trillion), and also Apple, valued at US$ 3.286 trillion (R$ 17.8 trillion).

Growth Driven by Artificial Intelligence

According to the G1 portal, experts report that Nvidia’s rise reflects a positive trend driven by increased demand for artificial intelligence (AI) globally, especially evident since last year.

ARTICLE CONTINUES BELOW

What Nvidia Does

Certainly, you know a lot about Microsoft and also about Apple. However, most likely, if you were asked about what the now most valuable company in the world does, there might be an enormous silence.

Nvidia was founded in 1993 in the United States by Jensen Huang, born in Taiwan and raised in Thailand before moving to the U.S. The company has established itself as a leader in manufacturing essential chips for training complex AI models, such as those used by companies like Google, Microsoft, Amazon, Meta (Facebook), and Tesla.

Market Expansion and Diversification

Since its IPO on the Nasdaq, the U.S. stock exchange, in 1999, the company has dominated the gaming chip market and also expanded its portfolio to include chips for data centers and autonomous vehicles.

Owner of the Company is One of the Richest People on the Planet

In addition to leading a company valued in trillions, Jensen Huang, who owns about 3% of Nvidia’s capital, stands out as one of the richest people in the world. Today, according to Forbes data, he has an estimated net worth of US$ 118.7 billion (R$ 641.9 billion).

This amount places him 11th on the magazine’s list. Currently, Nvidia is not only seen as an economic powerhouse but also as a key influence in advancing emerging technologies that will shape the digital future.

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Not Microsoft or Apple! Company Topples Giants and Is Now the Most Valuable Company in the World; See What the Company Does

Nvidia Achieves Significant Milestone This Tuesday (18) by Surpassing Microsoft. This is because the company positioned itself as the most valuable publicly traded company in the world.

Growth Driven by Artificial Intelligence

What Nvidia Does

Market Expansion and Diversification

Owner of the Company is One of the Richest People on the Planet

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Not Microsoft or Apple! Company Topples Giants and Is Now the Most Valuable Company in the World; See What the Company Does

Nvidia Achieves Significant Milestone This Tuesday (18) by Surpassing Microsoft. This is because the company positioned itself as the most valuable publicly traded company in the world.

Growth Driven by Artificial Intelligence

What Nvidia Does

Market Expansion and Diversification

Owner of the Company is One of the Richest People on the Planet

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

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SpaceX will dock a $843 million vehicle to the International Space Station to push a nearly 420-ton laboratory against the atmosphere and make the debris fall in a controlled manner into the ocean.

China opens the world’s first school where more than 100 humanoid robots from different brands will study together, each movement will be repeated up to 600 times a day and the data will feed a collective brain that will teach all the robots of the future.

Cambodia has started digging a nearly 180-kilometer canal to connect the Mekong River directly to the sea and reduce its dependence on the ports of neighboring Vietnam.

Scientists considered detonating 213 nuclear bombs in the Sahara to create an artificial sea the size of El Salvador, with each explosion being a hundred times more powerful than the Hiroshima bomb, and the goal was to generate more energy than Egypt’s largest hydroelectric plant.

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