U.S. chipmaker Nvidia has reclaimed its title as the world’s most valuable company after its shares surged to a record high.
The stock closed at $154.31 on Wednesday, up 4.3%, lifting its market value to $3.77 trillion—overtaking Microsoft once again.
This new peak beats Nvidia’s previous record closing of $149.43, set on January 6.
Nvidia dominates the market for graphics processing units (GPUs), which are crucial for powering artificial intelligence tasks and building large language models. But the pace of this year’s gains has surprised many, especially given the company’s lack of access to China—once a key market.
In recent months, Nvidia has faced growing restrictions from the U.S. government, including fresh export controls announced in April by the Trump administration. These rules blocked sales of Nvidia’s H20 AI chip, which had been redesigned to meet earlier limits.
As a result, Nvidia had to write down $4.5 billion in inventory and warned that the China restrictions would cost it around $8 billion in lost sales. The company says it is currently not relying on any revenue from China.
Despite this, Nvidia’s May earnings revealed a 69% jump in year-over-year sales, with its data centre division—which supports AI development—up 73%.
South Korea and NATO have agreed to set up a new consultative body focused on defence industry cooperation, aiming to deepen collaboration through joint development and procurement initiatives.
The European Commission has proposed a new EU Space Act to create a unified and competitive single market for space services and data, in a move to strengthen Europe’s position in the rapidly growing global space sector.
The World Bank has approved over $1 billion in new funding to support rebuilding efforts and infrastructure development in Iraq, Syria, and Lebanon.
A Japanese space company has blamed a malfunctioning laser range finder for the crash of its moon lander earlier this month, marking the second failed lunar landing attempt for ispace in just over two years.
U.S. President Donald Trump has demanded that Israeli Prime Minister Benjamin Netanyahu’s corruption trial be cancelled, calling the case a “witch hunt” and suggesting Netanyahu should be pardoned.
South Korea and NATO have agreed to set up a new consultative body focused on defence industry cooperation, aiming to deepen collaboration through joint development and procurement initiatives.
The European Commission has proposed a new EU Space Act to create a unified and competitive single market for space services and data, in a move to strengthen Europe’s position in the rapidly growing global space sector.
The World Bank has approved over $1 billion in new funding to support rebuilding efforts and infrastructure development in Iraq, Syria, and Lebanon.
U.S. chipmaker Nvidia has reclaimed its title as the world’s most valuable company after its shares surged to a record high.
A Japanese space company has blamed a malfunctioning laser range finder for the crash of its moon lander earlier this month, marking the second failed lunar landing attempt for ispace in just over two years.
Iran launched 18 ballistic missiles late Sunday targeting the U.S. military’s Al-Udeid Air Base in Qatar, the largest American installation in the Middle East.
Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
A high-speed tram derailment in central Gothenburg, Sweden, has left at least eight people injured late on Thursday (19 June), after the vehicle slammed into a snack bar on Avenyn Avenue.
Wizz Air has suspended all flights to and from Tel Aviv, Israel, and its European services to Amman, Jordan, effective immediately until 15 September due to escalating situation in the Middle East. Also, the air carrier temporarily suspended its flights between Astana, Kazakhstan, and Abu Dhabi.
China has unveiled a mosquito-sized bionic drone designed for covert military operations and battlefield reconnaissance, marking a major advance in micro-robotics and stealth technology as part of the country’s growing focus on next-generation warfare capabilities.
The European Commission has proposed a new EU Space Act to create a unified and competitive single market for space services and data, in a move to strengthen Europe’s position in the rapidly growing global space sector.
A Japanese space company has blamed a malfunctioning laser range finder for the crash of its moon lander earlier this month, marking the second failed lunar landing attempt for ispace in just over two years.
Indonesia has conducted the first passenger-carrying test flight of the EHang 216-S flying taxi, marking a milestone in the country's push towards future urban air mobility.
The EU is moving to simplify and unify its space policy with a landmark proposal—the EU Space Act aimed at boosting Europe’s competitiveness in the global space economy and establishing a single, streamlined market for space services.
An historic mission began early on Wednesday (25 June) as astronauts from India, Poland, and Hungary were launched to the International Space Station (ISS) for their countries’ first-ever visit. They were joined by NASA veteran Peggy Whitson.
South Korea and NATO have agreed to set up a new consultative body focused on defence industry cooperation, aiming to deepen collaboration through joint development and procurement initiatives.
The European Commission has proposed a new EU Space Act to create a unified and competitive single market for space services and data, in a move to strengthen Europe’s position in the rapidly growing global space sector.
The World Bank has approved over $1 billion in new funding to support rebuilding efforts and infrastructure development in Iraq, Syria, and Lebanon.
U.S. chipmaker Nvidia has reclaimed its title as the world’s most valuable company after its shares surged to a record high.
A Japanese space company has blamed a malfunctioning laser range finder for the crash of its moon lander earlier this month, marking the second failed lunar landing attempt for ispace in just over two years.
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