Nvidia follows Apple closely on being the world's richest company

, by Thibaut

Nvidia follows Apple closely on being the world's richest company

Apple and Nvidia are currently butting heads for the first spot in the ranking of the world's most valuable companies.

In recenty days, the company headed by Jensen Huang even managed to surpass Tim Cook's one. However, Apple closed its year with a value of $3,540 billion versus Nvidia's $3,493 billion.

Nvidia's strong growth in market valued is mostly due to the company's top spot in the field of computer components for AI. Demand for Nvidia's chips has been very strong so for, and with it announcing its RTX 50 GPUs soon, it will only grow.

Source: reuters.com