Nvidia did the trick: Kilasi became the world’s largest company by market value

An application and chip developer boosted by artificial intelligence Nvidia wedged on Friday by the technology company Apple’s past as the world’s most valuable company. About that news among other things, a news agency Reuters.

During its Friday rally, Nvidia’s market value rose to $3.53 trillion, surpassing Apple’s $3.52 trillion market value, Reuters reported, based on data from LSEG, which runs the London Stock Exchange.

However, the joy of the first place was short-lived, as the company’s market value had fallen to 3.47 trillion dollars by the time the stock market closed, while Apple’s market value was 3.52 trillion dollars.

This is not the first time that Nvidia has won the crown of the most valuable listed company. Same situation as last time happened last June.

After June, the US Apple, Nvidia and software company Microsoft have continued to fight for the position of the most valuable company.

The reason behind Friday’s price increase must be a manufacturer of data storage devices Western Digitalin better than expected result. The hard disk company’s joyous march seems to maintain the market’s faith in the demand for data centers, which is also reflected in Nvidia.

Also the leading contract manufacturer of microchips Tsmc,’s result that exceeded expectations could boost Nvidia’s share price rise. Taiwan’s Tsmc, or Taiwan Semiconductor Manufacturing Company, published its results on Tuesday, which exceeded market expectations by 54 percent.