Following a surge in Nvidia's stock price, the company has surpassed Microsoft, Apple, and Google to become the world's most valuable corporation.
Nvidia's stock has risen by 160% this year, bringing its market capitalization to $3.335 trillion, surpassing Microsoft ($3.32 trillion), Apple ($3.29 trillion), and Google ($2.17 trillion).
Later this year, Nvidia plans to launch a new Blackwell GPU architecture, with the CEO stating that it will be the "world's most powerful chip," and intends to release new AI chips annually.
In the previous earnings report from May, Nvidia reported revenues exceeding $26 billion before the introduction of the new Blackwell GPU architecture, referring to the B200 as the "world's most powerful chip." CEO Jensen Huang indicated that units of the Blackwell would cost between "30,000 to 40,000 dollars," with the company planning to release new AI chips annually.
