New Delhi, June 4 -- AI chipmaker company Nvidia Corp has once again became the world's most valuable company on Tuesday - its first time reclaiming the top spot since January 24.
The stock saw a significant 24% surge over the past month. Nvidia share price ended Tuesday with a market valuation of $3.45 trillion, edging past Microsoft's $3.44 trillion.
Despite challenges like export restrictions and tariff issues, Nvidia has continued its strong growth momentum.
In its latest quarterly results, the company posted a 69% increase in revenue, reaching $44.06 billion, along with earnings per share (EPS) of $0.96 - both surpassing analysts' expectations, driven by high demand for its AI chips used by firms such as OpenAI.
Nvidia's rebound ...
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