• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, June 6, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Nvidia Overtakes Microsoft To Emerge World’s Most Valuable Company

by Remi Adebayo and Agency Report
12 months ago
in Business
Nvidia
Share on WhatsAppShare on FacebookShare on XTelegram

American multinational technology company, Nvidia has emerged as the world’s most valuable company following the rise in its share price to an all-time high on Tuesday.

Advertisement

Nvidia’s stock ended the trading day at nearly $136, up by 3.5% to become more valuable than Microsoft after the firm surpassed Apple earlier in the month.

BBC reports that Nvidia makes computer chips needed for artificial intelligence (AI) software, and demand for its products has boosted its sales and profits over the last few years.

Investors are of the view that Nvidia’s earnings can grow even more, and this has caused its share price to soar, though some have questioned its sky-high valuation.

Tuesday’s share price rally means the market now values the company at $3.34tn (£2.63tn), with the price having nearly doubled since the start of this year.
Nvidia stock was worth less than 1% of its current price eight years ago, however, competition among AI developers is fierce.

RELATED

BetKing Promotes Social Impact At NSF

BetKing Promotes Social Impact At NSF

10 hours ago
Sallah: UNYF felicitates with muslims, decries worsening living conditions

Oxfam Urges Nigerians To Embrace Responsible Plastic Use

10 hours ago

Microsoft, Google-owner Alphabet, Meta and Apple are just some of the tech heavyweights battling to create a world-beating product.

This competition according to BBC, benefits Nvidia, which dominates the vast majority of the AI chip market.

As such, investors believe the company will continue to surge in value as Nvidia’s sales and profit figures have surpassed many analyst expectations in recent years.

In May, after its latest set of financial results were published, Quilter Cheviot technology analyst Ben Barringer said the company had “once again cleared a very high hurdle,” adding that “demand is showing no signs of switching off either.”

However, a minority are more cautious with Barclays credit analyst Sandeep Gupta arguing in February, that Nvidia’s large market share would be hard to maintain given the increasing number of rivals as he questioned how the company’s customers would monetise AI software.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

START EARNING US DOLLARS as a Nigerian ($35,000) monthly. Companies are sacking their workers due to AI (artificial intelligence), business owners are in panic mode. Only the smart will make it. Click here


Tags: Microsoft
SendShareTweetShare
Previous Post

It’s Unsafe To Store Cooked Food In Refrigerator Beyond 3 Days — NAFDAC 

Next Post

Ex-Senate President Saraki Loses Mum

Remi Adebayo and Agency Report

Remi Adebayo and Agency Report

You May Like

BetKing Promotes Social Impact At NSF
Business

BetKing Promotes Social Impact At NSF

2025/06/06
Sallah: UNYF felicitates with muslims, decries worsening living conditions
Business

Oxfam Urges Nigerians To Embrace Responsible Plastic Use

2025/06/06
Airtel Expands Digital Ecosystem With In-App Shopping Platform
Business

Airtel Expands Digital Ecosystem With In-App Shopping Platform

2025/06/06
NES Demands Stakeholder Collaboration To Curb Plastic Pollution
Business

NES Demands Stakeholder Collaboration To Curb Plastic Pollution

2025/06/06
AFN Board Members Write Minister, Lament Crisis Under Okowa’s Leadership
Business

FG Reaffirms Global Leadership In Entrepreneurship At 2025 GEC

2025/06/06
CSOs Hail Komolafe’s ‘Giant Strides’ As NUPRC Boss
Business

2024 Bid Rounds Violated No Oil Licencing Guidelines – Komolafe

2025/06/06
Leadership Conference advertisement

LATEST

Eid-al-Adha: No Nation Rises Without Unity, Sacrifice — Shettima

Makinde Advocates 6-year Single-term For Political Office Holders

Fire Guts Section Of Kano Phone Market On Eid Day

Hardship: El-Rufai, Amaechi Owe Nigerians Apology — Shehu Sani

Raphinha Named 2024/2025 La Liga Player Of The Season

Benue Gov’t Directs Residents To Vacate Flood-prone Areas

Gabriel Signs New Long-term Deal At Arsenal 

Diphtheria: 4,017 Persons Vaccinated As Death Toll Hits 10 In Imo

PICTORIAL: Gov Eno Visits Akpabio With 8 Govs, Others After Defection To APC

Defection: APC Welcomes Gov Eno, Assures Full Accommodation

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.