Microsoft loses its status as the most valuable US company 11:56

American technology company Nvidia has become the most valuable company in the USA, surpassing Microsoft and Apple in terms of capitalization. This is proven by trade data.

Nvidia shares closed 3.56% higher at $135.64 on Tuesday. As a result, the company’s market value increased to $3.34 billion.

Meanwhile, Microsoft securities fell 0.45%, causing the company’s capital to fall to $3.32 trillion. Apple shares fell 1.1%, giving the big tech a market cap of $3.29 trillion on Tuesday.

Five years ago Nvidia wasn’t even among the top twenty American companies. Two years ago the chipmaker rose to tenth place. A year ago, Nvidia closed down the top 5 most valuable companies in the United States. Just a few months ago, Nvidia’s first-ever capitalization overcome The $2 trillion mark.

Over the past 23 years, only five American companies have managed to become market leaders in terms of capitalization: Microsoft, Apple, Amazon, Exxon Mobil and General Electric.

existed before named It is the only company in the G20 with a capitalization above national GDP.

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Source: Gazeta

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