Nvidia has become the world's most expensive company
The share price of American chipmaker Nvidia has reached an all-time high, making it the world's most valuable company. BBC writes about it .
According to the publication, at the end of trading on Tuesday, one share of Nvidia was worth 136 dollars - a hundred times more than 8 years ago.
Now the company is worth more than Microsoft, which until yesterday evening was at the top of the ranking of the most expensive companies on the planet. At the beginning of June, Nvidia overtook Apple with this indicator and placed it in the third place in the rating. Today, Nvidia's market value is $3.34 trillion.
Nvidia makes graphics cards for personal computers and computer chips designed for artificial intelligence creation and learning. With the development of these areas, the demand for the company's products increases, which in turn leads to an increase in sales and income.