Apple surpasses Microsoft and Nvidia in stock market capitalization

Apple surpasses Microsoft and Nvidia in stock market capitalization
Apple surpasses Microsoft and Nvidia in stock market capitalization

New York (EFE).- The technology company Apple surpassed Microsoft and Nvidia this Monday at half-time and became the company with the highest value in the market, reaching a market capitalization of 3.33 trillion dollars a week after announcing its first artificial intelligence (AI).

The podium of the large listed companies is monopolized right now by five American technology companies: Apple (3.33 billion), Microsoft (3.32), Nvidia (3.2), Alphabet (2.2) and Amazon (1.9) .

The size of Apple’s stock market capitalization is already equivalent to the seventh largest economy in the world and, although the figures are very volatile and positions can vary at any time, the Cupertino giant has maintained double-digit growth so far. anus.

Apple shows that AI affects the stock market

Apple’s rise comes a week after the company announced its own free AI for its products, ‘Apple Intelligence’, as well as its union with OpenAI so that its assistant Siri can access ChatGPT and respond to its users’ responses .

At midday, the bitten apple company advanced 1.80%, and so far this year its shares have risen 12%.

Agents work during a day at the New York Stock Exchange, in a file photograph. EFE/Justin Lane

Recently, Nvidia – the ‘pretty girl’ of Wall Street – exceeded $3 trillion in capitalization for the first time after announcing its good quarterly results and after announcing a new model of AI chips.

The dispute between large technology companies for first place in the largest capitalization ranking also responds to the boom in artificial intelligence that has triggered market gains in the last year.

Many analysts predict this business will surpass $1 trillion in revenue within a decade.

On June 6, local media reported that several US regulators will open antitrust investigations against Microsoft, OpenAI and Nvidia to analyze their influence in the artificial intelligence sector.

 
For Latest Updates Follow us on Google News
 

-

PREV Although the drought season ended, the price of energy on the stock market approached $1,000 k/h
NEXT The incredible time a robot set to complete the Rubik’s cube