Nvidia eclipses Microsoft as world’s most valuable company ...Middle East

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Nvidia eclipses Microsoft as world’s most valuable company
Nvidia became the world’s most valuable company on Tuesday, dethroning tech heavyweight Microsoft as its high-end processors play a central role in a scramble to dominate artificial intelligence technology. Shares of the chipmaker climbed 3.5% to $135.58, lifting its market capitalization to $3.335 trillion, just days after overtaking iPhone maker Apple to become the second most valuable company. Microsoft’s stock market value was $3.317 trillion as its shares dipped 0.45%. Apple’s stock slipped over 1%, leaving its value at $3.286 trillion. Nvidia’s stunning surge in market value over the past year has become emblematic of a Wall Street frenzy driven by optimism about emerging AI technolo

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