Nvidia stock soared as much as 5% on Wednesday to hit a record intra-day high of $146.47. The gains catapulted Nvidia's market valuation to $3.58 trillion, cementing its position as the largest company in the world after it closed ahead of Apple on Tuesday.

Demand for Nvidia's chips to power artificial intelligence technology has surged, sending Nvidia's revenue and stock price to record highs this year. Nvidia (NVDA) shares rose Tuesday, pushing the chipmaker back into the top spot on the list of the world's ...

Yesterday, Nvidia (NVDA) once again surpassed Apple (AAPL) to become the world’s biggest company. The Jensen Huang-led company briefly held the crown in June, but Apple soon reclaimed the title as markets warmed up to the new artificial intelligence (AI) features that the Cupertino-based company announced for its iPhone 16.