This is how NVIDIA has become the most valuable company in the world

The technology company NVIDIA has reached a market capitalization value of $3.34 billion. In this way, the leading technology company in hardware and software artificial intelligence led by Taiwanese Jensen Huang has surpassed other technology giants such as Microsoft and Apple and has become the most valuable company in the world, according to data from Google Finance and Yahoo Finance.

NVIDIA doubles its value in six months. The American company has gone from a value of 1,520 million dollars in January 2024 to another of 3,340 million in June. During this time, the company has opted for artificial intelligence and, according to Huang, CEO of NVIDIA, thanks to its innovations in this field they are “exceeding the limits of what is possible” and “driving the next wave of technological advancement.”

Their actions are not the most valuable. NVIDIA shares ($135.8) cost less than competitors Microsoft ($446.34) and Apple ($214.29), according to Google Finance.

Why NVIDIA is the most valuable company if its shares are not. The market capitalization value is obtained by multiplying the number of shares by their value. Based on the latest data from Investing, NVIDIA has 24.575 million shares outstanding, while Microsoft has 7.432 million and Apple 15.334 million. With this calculation we obtain the value of 3,340 million dollars for NVIDIA, 3,320 for Microsoft and 3,290 for Apple.