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Nvidia reclaimed the top spot among the most valued companies worldwide in June, as its shares were supported by renewed optimism over its leadership in artificial intelligence and expectations of surging demand for its AI chips.
The chipmaker’s market value stood at $3.86 trillion at the end of June, about 4.3% higher than Microsoft Corp’s $3.69 trillion valuation.
However, Nvidia’s market value has yet to surpass Apple Inc’s record high of about $3.92 trillion set in December 2024. Apple, with a market capitalization of $3.1 trillion, ranked as the…
