Nvidia dethroned Apple as the world's most valuable company on Friday for the second time this year.
Apple as the world’s most valuable company on Friday following a record-setting rally in the stock, powered by insatiable demand for its specialised artificial intelligence chips.
More companies are now embracing AI in their everyday tasks and demand remains strong for Nvidia chips Nvidia and other semiconductor stocks got a lift on Friday after data storage maker Western Digital reported quarterly profit that beat analysts’ estimates, buoying optimism about data centre demand.
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