Nvidia Leaps Aramco to Be World’s Third Most-Valuable Firm (1)

Nvidia Corp. has claimed another milestone by overtaking Saudi Aramco in market value, making the chipmaker the world’s third-most valuable public company after Apple Inc. and Microsoft Corp.

The company rises 2.5% on Monday reaching $2.11 trillion, after closing above the $2 trillion mark for the first time on Friday. Meanwhile, Aramco’s value dipped to $2.01 trillion, according to data compiled by Bloomberg.

Nvidia Becomes Tesla’s Successor as Market Flips From EV to AI

Nvidia shares have skyrocketed on the back of blowout earningsthat reaffirmed Wall Street’s optimism on the potential for artificial intelligence to reshape the technology ...