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Nvidia on Tuesday exceeded Apple ’s market capitalization to become the world ’s largest company , on the strength of a globose AI push . AsBloomberg notes , the chipmaker has experienced an astronomical 850 % ontogeny since the tail end end of 2022 .
Nvidia was valued at $ 3.43 trillion at the close of market , topping Apple ’s $ 3.38 trillion . This is n’t the first meter the two have swapped places ; Nvidia also pushed past Apple in June , though it only hold the top smear for a day .
Apple latterly launched its own small model reproductive AI offering , Apple Intelligence . Nvidia , on the other hand , remains a foundational spell of the globe ’s top gravid language models — for now . At the end of October , Reuters reportedthat ChatGPT - maker OpenAI has been exercise with Broadcom on its own proprietary systems .