Nvidia has surpassed Apple to become the world’s largest company by market cap, driven by a booming AI sector. Closing at over $3.4 trillion, Nvidia edged out Apple, valued at over $3.3 trillion. This recent leap builds on Nvidia’s 850% growth since late 2022. While Apple recently introduced "Apple Intelligence," Nvidia remains essential to major AI language models. Competition could intensify as OpenAI collaborates with Broadcom on proprietary hardware.
