Nanny Agnella

Nvidia Valuation 2024au

Nvidia's (nvda.o) rallied to record highs on wednesday, with the artificial intelligence chipmaker's valuation breaching the $3 trillion mark and overtaking apple (aapl.o) to. This makes nvidia the world's third most valuable company by market cap according to our data.

However, valuation is often cited as a concern. There’s a meme currently making the rounds on the internet that perfectly explains nvidia’s meteoric rise from just another chipmaker to the third most valuable.