Markets
Nvidia climbs to world’s third most valuable company
Chip giant overtook Saudi Aramco on Friday trade, closing above the $2 trillion mark for the first time
Nvidia has claimed another milestone by overtaking Saudi Aramco in market value, making the chipmaker the world’s third-most valuable public company after Apple and Microsoft.
The company ended Friday’s session at $2.06 trillion, closing above the $2 trillion mark for the first time. Meanwhile, Aramco’s value dipped to $2.03 trillion, according to data compiled by Bloomberg.
Nvidia shares have skyrocketed on the back of blowout earnings that reaffirmed Wall Street’s optimism on the potential for ...