Nvidia on cusp of overtaking Apple as second-most-valuable company

Nvidia's market capitalization currently hovers around $2.38 trillion, lagging Apple by just about $230 billion and Microsoft by about $645 billion. Nvidia, which is up 95%, and Meta Platforms, which is up 46.6% so far this year, have also outperformed shares of other members of the so-called Magnificient 7, highlighting investors' insatiable appetite for everything AI.

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