Nvidia's startling ascent in the stock market reached another milestone Tuesday as the chipmaker rose to become the most valuable company in the S&P 500. Investors now say the company is worth over $3.3 trillion.
Nvidia has seen soaring demand for its semiconductors, which are used to power artificial intelligence applications. Revenue more than tripled in the latest quarter from the same period a year earlier.
The company's journey to be one of the most prominent players in AI has produced some eye-popping numbers. Here's a look:
$3.334 Trillion
Nvidia's total market value as of the close Tuesday. It edged past Microsoft ($3.317 trillion). Apple is the third most-valuable company ($3.286 trillion). One year ago, the company had just crossed the $1 trillion threshold.
$113 billion
The one-day increase in Nvidia's market value on Tuesday.
$135.58