Shares in Nvidia rose 2.84% during Tuesday trading, allowing the company to retake the top spot as the most valuable public company.
AI-tech titan Nvidia has retaken the lead as the world’s most valuable company after shares surged almost 3% on Oct. 5, beating out competitor tech firms Apple and Microsoft.
Nvidia shares climbed around 2.84% on the day, which saw the company’s market capitalization reach $3.43 trillion, compared to Apple’s $3.38 trillion and Microsoft’s $3.06 trillion.
Apple shares had yet to recover from a late October slump after the company’s sales outlook came in weaker than expected, and fiscal Q4 earnings fell short of expectations.
