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Nvidia just became the world’s largest company amid AI boom


Nvidia on Tuesday exceeded Apple’s market capitalization to become the world’s largest company, on the strength of a global AI push. As Bloomberg notes,

Nvidia on Tuesday exceeded Apple’s market capitalization to become the world’s largest company, on the strength of a global AI push. This isn’t the first time the two have swapped places; Nvidia also pushed past Apple in June, though it only held onto the top spot for a day. At the end of October, Reuters reported that ChatGPT-maker OpenAI has been working with Broadcom on its own proprietary systems.

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