BennyBlanco
aka IMurRIVAL69
Oct 25 (Reuters) - Nvidia (NVDA.O), opens new tab dethroned Apple (AAPL.O), opens new tab as the world's most valuable company on Friday following a record-setting rally in the stock, powered by insatiable demand for its specialized artificial intelligence chips.
Nvidia's stock market value briefly touched $3.53 trillion, slightly above Apple's $3.52 trillion, LSEG data showed.
Nvidia ended the day up 0.8%, with a market value of $3.47 trillion, while Apple's shares rose 0.4%, valuing the iPhone maker at $3.52 trillion.
![chart.png](https://www.reuters.com/graphics/USA-STOCKS/APPLE/dwpkkalkdpm/chart.png)
![news-p.v1.20240607.db4713290c7b494d9b2e014202147444_P1.jpeg](https://wimg.mk.co.kr/news/cms/202406/07/news-p.v1.20240607.db4713290c7b494d9b2e014202147444_P1.jpeg)
All that time spent on PhysX and Hairworks finally paid off.