Nvidia (NVDA.US) Yesterday it surpassed Apple as the second largest company in the world by market capitalization, after a 5% increase. In fact, yesterday was the day of semiconductor companies, with ASML (ASML.NL) also surpassing LVMH as the largest company in the Eurozone.
Nvidia stands with about 3,011 billion dollars in market capitalization and overtakes Apple, which is left with 3,003 billion dollars. Right now Microsoft leads the first position, with 3,151 billion dollars.
Let us remember that Nvidia recently presented some spectacular financial statements for its first fiscal quarter, in addition to presenting new advances in chips shortly after, with a new Blackwell architecture model after just two months of use. He is also developing a new AI platform called Rubin that will be released in 2026.
All this has driven it to strongly surpass the company led by Tim Cook. If you want to know more about Nvidia, we remind you that this week we launched the analysis of the month. You can see the Nvidia thesis article by clicking here.
On the other hand, ASML also surpassed LVMH as the company with the largest market capitalization in the Eurozone, with 384.31 billion euros. In Europe Novo Nordisk remains first. You can also read ASML analysis by clicking here.
Nvidia has more than doubled its stock price this year. Its stock price is represented by the green and red candles, while the blue and white candles represent Apple’s stock price.
Source: XTB Platform
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