Nvidia surpassed Apple on Tuesday to become the highest valued company in the world.

Chip-making giant Nvidia surpassed Apple on Tuesday to become the highest valued company in the world as the artificial intelligence boom continues to excite Wall Street.

Graphics chip giant Nvidia has become the world’s largest company by market capitalisation, surpassing Apple, in the artificial intelligence (AI) era. Nvidia was valued at $3.43 trillion at the...

Nvidia was valued at $3.43 trillion at the close of market late on Tuesday, crossing Apple’s $3.38 trillion market value.

Nvidia shares have nearly tripled this year as demand continues to swell for the company's graphics processing units.

Shares rose 2.9% to $139.93, resulting in a market capitalisation of $3.43trn, ahead of Apple at $3.38trn.

Nvidia shares rose Tuesday, pushing the chipmaker back into the top spot on the list of the world's most valuable companies by market capitalization, ahead of Apple.

Artificial Intelligence tokens FET, TAO, RENDER, and NEAR recorded double-digit gains as NVidia, the world’s largest chip maker surpassed Apple in market valuation