Nvidia passes Microsoft in market cap to become most valuable public company

Nvidia has overtaken Microsoft to become the world's most valuable public company. On June 18, 2024, Nvidia's market cap exceeded $2.6 trillion, surpassing Microsoft's market cap. This achievement confirms Nvidia's leadership in artificial intelligence and graphics technologies. The company's shares have risen 190% year-to-date, leading to a rapid rise in market value. Jensen Huang, CEO of Nvidia, stated that this success is the result of continuous developments in the field of technology and innovation. Microsoft continues to maintain its strength in cloud services and software. This rise of Nvidia has generated a lot of attention and interest in the technology sector.