AI Coins Rally As Nvidia Surpasses Apple As Largest Global Company

Quick Summary:

This milestone is evidence of Nvidia’s leadership in the artificial intelligence industry, which has also led to a significant increase in the number of AI themed cryptocurrencies.

Nvidia has surpassed Apple in market capitalization, reaching a historic $3.43 trillion valuation.

As per analyst, the stock and crypto rallies that are being driven by AI are set to keep on rising as more companies adopt AI in their operations. Nvidia alone makes up for 7% of the S&P 500 Index’s weight and has contributed to a quarter of its 21% gain this year.

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Article Details

Author / Journalist: Kelvin Munene Murithi

Category: Crypto

Markets: IndiaIsrael

Topics: AI COINS PRICE RALLY NVIDIA 24/7 Cryptocurrency News Apple

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 01:10:21 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 549 words

Reading Time: 4 minutes read

Sentences: 36 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23439806

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