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Nvidia set to become the world’s most valuable company in history

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Nvidia was on track to become the most valuable company in history on Thursday, with the chipmaker’s market capitalization reaching $3.92 trillion as Wall Street doubled down on optimism about AI.

Shares of the leading designer of high-end AI chips were up 2.2% at $160.6 in morning trading, giving the company a higher market capitalization than Apple‘s record closing value of $3.915 trillion on December 26, 2024.

Nvidia’s newest chips have made gains in training the largest artificial-intelligence models, fueling demand for products by the Santa Clara,…

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