Nvidia Surpasses Microsoft to Become World's Most Valuable Company

In a landmark shift in the market landscape Nvidia has surpassed Microsoft to become the most valuable publicly traded company in the world, as it approached the USD$3.7 trillion market cap. This noteworthy milestone coincides with the fact that it has played an unrivaled role in the worldwide artificial intelligence revolution, largely due to unprecedented demand for its AI chips.

As Nvidia’s stock closed at the record high of about $154, a one-day increase of more than 4%. The company’s graphics processing units (GPUs) are critical to training and deploying large language models like ChatGPT, thus reasonable to think of Nvidia as being installer itself as the AI infrastructure company.

Nvidia CEO Jensen Huang has often emphasized the AI revolution. Speaking during the company's earnings report, Huang said "The next industrial revolution has begun - companies and countries are partnering with Nvidia to shift the trillion-dollar traditional data centers to accelerated computing and build a new type of data center - AI factories - to produce a new commodity: artificial intelligence".

Also Read: AI-Powered Industry 4.0: Redefining the Future of Manufacturing Ops

Acknowledging what is clear, there is a strong consensus that there has been more upward price target adjustments for NVIDIA Stock, because of the faster pace of global AI investment. While countries and corporations hurry to build AI capabilities, Nvidia is being the primary wire and supported technology behind this market escalation. The company’s rise underscores a major transition in tech dominance, driven by AI and data center innovations.