Nvidia’s shares fired more than 4%, reaching a new historical record of $ 154.10 and raising the company’s market value to $ 3.77 trillion. The appreciation reflects investors’ confidence in the company’s leadership in the artificial intelligence sector, despite United States restrictions on chip exports to China.
With this advance, Nvidia became the most valuable company in the world, surpassing giants such as Microsoft ($ 3.66 trillion) and Apple ($ 3 trillion). The three companies have been alternating positions at the top of the global market, but Nvidia resumed the front after a strong recovery, rising more than 60% since the fall registered in April.
Microsoft, one of Nvidia’s leading customers, had been leading the market value ranking until early June, but was surpassed in the face of rival’s rapid technological advancement.