Nvidia was officially more valuable than Apple — for a couple of hours, at least

In a significant milestone, Nvidia has become the second-most valuable company globally and the third firm to ever reach a market cap of $3 trillion.

The chipmaker hit a market cap of $3.01 trillion earlier this week, slightly surpassing Apple’s $3 trillion valuation and just a few paces behind Microsoft, which stands at around $3.16 trillion.

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