Nvidia passes Apple in market cap as second-most valuable public U.S. company
As of your mention, Nvidia has indeed surpassed Apple in terms of market capitalization, making it the second largest publicly-traded U.S. company. Nvidia, which is a multinational technology company incorporated in Delaware and based in Santa Clara, California, is renowned for its advancements in artificial intelligence, gaming technology, and semiconductor design.
It’s worth noting that market capitalization, or market cap, reflects the total dollar market value of a company’s outstanding shares of stock. It is calculated by multiplying a company’s shares outstanding by the current market price of one share. Keep in mind that market conditions can change rapidly, and rankings can shift accordingly.
