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In a stunning turn of events, Nvidia has surpassed Microsoft and Apple to become the most valuable public company in the world, joining the elite $3 trillion market cap club. The AI chipmaker’s shares have been on a hot streak this year, with an incredible 181.46% increase so far.

Nvidia’s market cap currently stands at $3.34 trillion, eclipsing Microsoft’s $3.32 trillion and Apple’s $3.29 trillion valuations. This newfound success is largely due to Nvidia’s record-breaking earnings and revenue growth, as well as its commitment to innovation in the AI space.

In May, Nvidia reported record first-quarter revenue of $26 billion for fiscal year 2025, beating Wall Street’s expectations by a significant margin. Following this announcement, the company initiated a 10-for-1 stock split, leading to its stock price opening above $1,000. This move allowed more investors to participate in Nvidia’s continued growth and success.

One of the key drivers of Nvidia’s revenue growth has been its Hopper chips, which are used for training and inferencing powerful artificial intelligence models. These chips have been instrumental in enabling companies across various industries to develop and deploy AI applications at scale. The introduction of Blackwell, the successor to the Hopper chip, is expected to further boost Nvidia’s revenue and continue its dominance in the AI space. In fact, CEO Jensen Huang has announced that revenue from the Blackwell AI platform is anticipated this year alone.

Looking ahead, Nvidia has revealed plans for future chips that will continue to push boundaries in AI technology. These include the Blackwell Ultra chip for 2025 and the next-generation AI chip platform Rubin coming in 2026. Huang has stated that Nvidia intends to release new chips on a yearly basis moving forward, highlighting his commitment not only to innovation but also sustainability in terms of product development timelines.

Overall, Nvidia’s recent achievements demonstrate just how much value can be created through innovation in emerging technologies such as AI

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