Nvidia Overtakes Microsoft as World's Second-Largest Company by Market Cap - Tellbrief.com

Nvidia Overtakes Microsoft as World's Second-Largest Company by Market Cap

NurPhoto / Contributor / Getty ImagesKey TakeawaysNvidia's market capitalization overtook Microsoft's on Monday, making it the second-largest company in the world behind Apple. Analysts suggested Nvidia shares could still climb higher, given the strength of AI spending and seasonal tailwinds.

Nvidia shares climbed just over 2% Monday, lifting the chipmaker's market cap to $3.13 trillion, ahead of Microsoft's $3.

04 trillion. Nvidia and Microsoft have been jockeying with Apple for the top spot by market cap in recent months.

Analysts suggested Nvidia shares could still climb higher, given the strength of AI spending trends and seasonal tailwinds...

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