oracle: Nvidia overtakes Microsoft to become world's most valuable company
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AI-chipmaker Nvidia redeemed its title as the most valuable company, surpassing the tech giant Microsoft. Nvidia shares rose about 3.4% on Tuesday, giving it a market value of about $3.45 trillion, higher than Microsoft's $3.44 trillion.The last time Nvidia held the number one spot was on January 24. It's current share price is still 7.77% below the 52-week high of $153.13, seen in January.Almost a week ago, Nvidia reported revenue of $44.1 billion for the first quarter ended April 27, up 12% from the previous quarter and up 69% from a year ago.Despite geopolitical and regulatory uncertainty due to Trump's tariffs, specifically around its H20 product line, the growth continues with dominance in AI and chip technology. Sales of H20 products were $4.6 billion for the first quarter of fiscal 2026.Nvidia has underscored significant advancements in AI with a mission to produce up to half a trillion dollars of AI infrastructure in the next four years.In April this year, ET reported that Nvidia will produce its artificial intelligence supercomputers in the United States for the first time. The chipmaker has made key investments in specialised Blackwell chips in Arizona and AI supercomputers in Texas with a manufacturing space of more than a million square feet,The California-based company's construction of supercomputer manufacturing plants in Texas-in collaboration with Foxconn is also underway.The following month, in May, the company introduced 'Stargate UAE'- a project that holds the vision to build the world's largest set of AI data centers outside the US. The first phase of the AI infrastructure cluster is in Abu Dhabi, UAE, alongside strategic partners OpenAI, Oracle , SoftBank Group and Cisco.In the latest earnings report, Nvidia has mentioned joint initiatives with Google to advance agentic AI solutions, robotics and drug discovery.It also revealed the integration of Nvidia Blackwell cloud instances with AWS, Google Cloud, Microsoft Azure and Oracle Cloud Infrastructure. ET reported that Google Cloud be among the first to adopt Nvidia's GB300 NVL72 and RTX PRO 6000 Blackwell Server Edition GPUs.
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