Nvidia leapfrogs Apple, Microsoft to take crown as most valuable company
) to snatch the crown of most valuable company on Tuesday as the chipmaker continued to ride AI-wave to new heights.) rose more than 3%, pushing its market cap to $3.34 trillion, surpassing Microsoft's $3.31T and Apple's $3.29T, making the chipmaker the most valuable company by market cap.
The price target hike reflect a bullish outlook for Nvidia earnings, which Rosenblatt estimates, will top $5 a share in calendar 2026, Rosenblatt forecasts, pointing to further market share gains for chipmaker from existing and upcoming AI chips. Nvidia's software aspect, Rosenbaltt estimates, will"significantly increase in the next decade in terms of overall sales mix, with an upward bias to valuation due to sustainability."Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Microsoft, Apple, and Nvidia in race to hit $4 trillion market capMicrosoft, Apple, and Nvidia in race to hit $4 trillion market cap - Wedbush
Read more »
Nvidia swipes the crown from Microsoft — plus, the fuel for Best Buy's latest move higherEvery weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Read more »
Nvidia’s finally replacing GeForce Experience with this all-in-one ‘Nvidia app’Nvidia is launching a beta for the Nvidia app for Windows PCs that use its graphics cards, combining the features of the GeForce Experience and Control Panel in one package.
Read more »
Nvidia and Microsoft are solving a big problem with Copilot+Nvidia and Microsoft are working together to get over the major hurdle facing Copilot+ PCs right now.
Read more »
Nvidia and AMD are bringing Microsoft’s Copilot Plus AI features to gaming laptopsAsus and MSI are launching AMD- and Nvidia-powered gaming laptops that include Microsoft’s Copilot Plus AI features.
Read more »
How Microsoft’s Nvidia deal works for gamers — with or without ActivisionMicrosoft has signed a 10-year agreement with Nvidia to bring all of its games to the GeForce Now cloud gaming service. Here’s what to expect based on a conversation with Nvidia VP Phil Eisler.
Read more »