Nvidia reclaims crown as world’s most valuable company as $1 trillion rally continues
From Yahoo Finance: 2025-06-03 15:28:00
Nvidia surpasses Microsoft as world’s most valuable company with $3.444 trillion market cap. Nvidia stock up 50% since April low, gaining $1 trillion. Better-than-expected Q1 results show revenue growth despite China sales hit. Overcomes supply chain hurdles to deliver AI servers to Big Tech customers like Microsoft.
Nvidia stock rises 2.8% as TSMC reaffirms strong AI chip demand. CoreWeave secures data center lease filled with Nvidia chips. Volatile year for Nvidia as investors question AI demand sustainability and Trump’s trade war impacts shares. Microsoft and Apple also see shifts in market cap rankings.
Nvidia’s recent gains put stock up 5% for the year, while Microsoft up nearly 10%. Apple shares down 19% as facing tough AI competition and tariff threats on iPhone imports. Nvidia last held most valuable company status in January. Stay updated on latest technology news impacting stock market and financial updates from Yahoo Finance.
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