By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
EveryTechEverEveryTechEver
  • News
    NewsShow More
    Converge Launches Cyber Resiliency Bundle for Enterprises
    September 17, 2025
    Globe and unconnected.org Partner to Bring Internet to Remote Schools in PH
    August 31, 2025
    Visa Contactless Payments Now Live at All MRT-3 Stations
    July 28, 2025
    Power Mac Center Masterclass: Free Workshop and Win an iPad!
    July 3, 2025
    Acer Philippines: Still #1 Thanks to a P-Pop Powerhouse
    July 2, 2025
  • Tech
    • Mobile
    • Computing
    • Auto
    • Cybersecurity
    • FinTech
  • Gaming
    GamingShow More
    AOC Days 2025: Get a FREE Monitor and Other Epic Rewards!
    August 7, 2025
    Acer
    Acer Leads Notebook Markets in the Philippines
    March 29, 2025
    NVIDIA GeForce RTX 50 Series: Dual Front Fans Design Return?
    January 5, 2025
    New ASUS ROG Swift OLED: 4K 240Hz Gaming Monitor Unveiled
    January 5, 2025
    Thunderobot ZERO Gaming Laptop Debuts at CES 2025
    January 5, 2025
  • Lifestyle
    • Entertainment
    • Shopping
    • Appliances
    • Wellness
  • How-To
  • Reviews
    ReviewsShow More
    Xiaomi Smart Band 10 Review: The New King of Wearables?
    Redmi Note 14 Pro+ 5G Review: The Midrange King of 2025?
    Aurvana Ace 2 Review: Creative’s Comeback Earbuds Impress
    Marshall Major V Review: 100+ Hours of Playtime & Bold Sound
    Marshall Minor IV Review: A Premium Pair of Earbuds with a Vintage Touch
  • About Us
    • Contact Us
Search
© 2023 EveryTechEver. Your daily source of everything tech. All Rights Reserved.
Reading: Nvidia is now the world’s most valuable publicly traded company
Share
Sign In
Notification Show More
Font ResizerAa
EveryTechEverEveryTechEver
Font ResizerAa
Search
  • News
  • Tech
    • Mobile
    • Computing
    • Auto
    • Cybersecurity
    • FinTech
  • Gaming
  • Lifestyle
    • Entertainment
    • Shopping
    • Appliances
    • Wellness
  • How-To
  • Reviews
  • About Us
    • Contact Us
Have an existing account? Sign In
Follow US
© 2023 EveryTechEver. Your daily source of everything tech. All Rights Reserved.
EveryTechEver > Blog > Computing > Nvidia is now the world’s most valuable publicly traded company
Computing

Nvidia is now the world’s most valuable publicly traded company

Nvidia controls about 80% of the market for AI chips around the world.

Team EveryTechEver
Last updated: June 21, 2024 11:30 PM
Team EveryTechEver
Share
1 Min Read
SHARE

Nvidia became the world’s most valuable company on Tuesday. The stock of the Taiwanese chipmaker jumped 3.6%, reaching a market cap of $3.34 billion and surpassing Microsoft and Apple.

Nvidia’s stock price has surged by 170% in 2024 alone, thanks to a strong first-quarter report earlier this year. Since the end of 2022, its stock has increased ninefold, driven by the rising popularity of generative AI.

nvidia

According to CNBC, Nvidia controls about 80% of the market for AI chips used in data centers, which are crucial for companies like OpenAI, Microsoft, Alphabet, Amazon, Meta, and others.

Their latest quarterly report showed a 427% increase in revenue from their data center business compared to last year, making up about 86% of their total sales.

nvidia

Nvidia is best known for its graphics cards and chips gamers use to play the latest video games. Although the company has tried selling cryptocurrency mining chips and cloud gaming subscriptions, it has now found its niche in the AI industry.

- Advertisement -

According to Forbes, Nvidia co-founder and CEO Jensen Huang is now the 11th wealthiest person in the world, with a net worth of $117 billion.

IFA 2024: Lenovo Unveils Yoga Slim 7i Aura Edition
New ASUS ROG Swift OLED: 4K 240Hz Gaming Monitor Unveiled
Logitech G gears at the Shopee 4.4 Sale
Snapdragon 8 Elite Tops Apple A18 Pro in AnTuTu with 3M Points
ASUS Business unveils the newest 11-inch Chromebook Series
TAGGED:graphics cardNvidia

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Copy Link Print
Share
ByTeam EveryTechEver
Zup Techies! Team EveryTechEver is our admin account for Press Releases. You can get in touch with us at press@everytechever.com.
Previous Article A new leak reveals the details for Samsung’s next Major Event
Next Article itel A50: The New School Champ under PHP 3,500
Leave a Comment Leave a Comment

Leave a ReplyCancel reply

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe
4.4kFollowersFollow
- Advertisement -
Ad imageAd image

Latest News

Converge Launches Cyber Resiliency Bundle for Enterprises
News
September 17, 2025
ADAM elements Power Mac Center: ‘Plug Into Power’
Accessories Gadget
September 14, 2025
Prisma SASE 4.0: The Future of AI-Driven Cybersecurity
Artificial Intelligence Tech
September 14, 2025
ASEAN Battery Conference: New Safety Network & Key Highlights
Tech
August 31, 2025
//

Your daily source of everything tech.

//

We influence 20 million users and is the number one business and technology news network on the planet

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

EveryTechEverEveryTechEver
Follow US
© 2023 EveryTechEver. Your daily source of everything tech. All Rights Reserved.
  • Privacy Policy
  • Terms of Service
  • Contact Us
 

Loading Comments...
 

    adbanner
    Welcome Back!

    Sign in to your account

    Username or Email Address
    Password

    Lost your password?