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

Hence then, the article about how ai chipmaker nvidia may threaten apple s tech titan status times of india was published today ( Wednesday 29/05/2024 - 09:52 PM ) and is available on NY Times News ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( How AI chipmaker Nvidia may threaten Apple’s tech titan status – Times of India )

Also on site :

• Nicotine pouch tax increase aims to protect kids, but producers and lawmakers fear impact on smokers trying to quit
• Kanye “Ye” West Reportedly Struggles to Stay Awake While Testifying at Los Angeles Mansion Trial
• Billboard Staff Reacts To & Ranks Harry Styles’ New Album ‘Kiss All the Time. Disco, Occasionally’ .. Billboard News