Nvidia passed Apple on Tuesday to claim the top spot as the biggest company in the world with a market cap of $3.43 trillion to Apple's $3.38 trillion.At the time of writing, Nvidia had a market cap of $3.

Nvidia, the company behind the recent artificial intelligence (AI) boom, has seen its stock value soar to $3.6 trillion.

Nvidia passed Apple in market cap on Tuesday becoming, for a second time, the most valuable publicly traded company in the world.Nvidia rose nearly 3% to close with a market cap of $3.43 trillion, ahead of Apple at $3.

Jensen Huang runs Nvidia, the world's hottest chip maker. The company's stock surge means he is now worth more than $122 billion.

Nvidia previously closed with the title of largest company in June, although it only held the record for a day.

Yesterday, Nvidia (NVDA) once again surpassed Apple (AAPL) to become the world’s biggest company. The Jensen Huang-led company briefly held the crown in June, but Apple soon reclaimed the title as markets warmed up to the new artificial intelligence (AI) features that the Cupertino-based company announced for its iPhone 16.

Nvidia has surpassed Apple to become the world’s largest company by market capitalization, marking a significant milestone in the era of artificial intelligence (AI). As of Tuesday's market close, Nvidia’s value reached $3.

On Tuesday, NVIDIA became the world's largest publicly traded company by market capitalization, surpassing Apple.

This is happening for the second time, with Nvidia previously becoming the largest company in June this year, although it held this record for only one day Read more news like this on HindustanTimes.c