How AI chipmaker Nvidia may threaten Apple’s tech titan status – Times of India ...Middle East

Nvidia‘s stock price surged on Tuesday (May 28), reaching a record high and pushing the company’s market value closer to Apple, the current tech leader. Fueled by strong earnings and a bright future in artificial intelligence (AI), Nvidia’s shares jumped 6%, reaching a price of $1,128. This puts the company’s market capitalization at $2.8 trillion, just $100 billion shy of Apple‘s $2.9 trillion value.The surge wasn’t shy – Nvidia’s stock briefly touched $1,149.39 during trading, another record. Meanwhile, Apple’s stock dipped slightly.This rally comes after Nvidia impressed investors with a positive second-quarter revenue forecast and a stock split an

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