Nvidia, with a market cap of $3.34 trillion, becomes the most valuable company
More news - Recent news Nvidia leapfrogged two of the tech industry’s most storied names on Tuesday to become the world’s most valuable public company, according to data from S&P Global. Its rise has been fueled by a boom in generative artificial intelligence and growing demand for the company’s chips — known as graphics processing units, or GPUs — that enable the creation of AI systems. Nvidia's rise is among the fastest in the history of the market. Just two years ago, the company's market valuation exceeded $400 billion. Now, in the space of a year, it has gone from…