NVIDIA's status as the most valuable company in the world could not last more than a week because this morning they were again overtaken by Microsoft. When the article was written, Microsoft was in the top position with a market value of $3.343 trillion (~RM 15.75 trillion) with Apple in second place with a value of $3.191 trillion and NVIDIA with a value of $3.113 trillion. This technology trinity remains three companies with a market value of over $3 trillion.
Microsoft shares rose again as the Copilot+ PC went on sale last week with AI capabilities and performance that will finally give fierce competition to Mac computers which will only receive AI features in Q4 2024.
Meanwhile, NVIDIA shares may fall slightly as shareholders begin to sell off all ownership to take profits. The rise in NVIDIA stock has been spectacular over the past year driven by high demand for their AI accelerator CPU and GPU releases.