Nvidia overtakes Apple as No. 2 most valuable company
(Reuters) -- Shares of Nvidia rallied to record highs on Wednesday, with the AI chipmaker's stock market valuation hitting the $3 trillion mark and overtaking Apple to become the world's second-most-valuable company.
The latest rally in Nvidia comes as it prepares to split its stock 10-for-1, effective on June 7, a move that could increase its appeal to individual investors.