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 6 January.
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%.
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U.S. authorities say they have thwarted an ISIS‑inspired terrorist attack planned for New Year’s Eve in the town of Mint Hill, North Carolina, arr...
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Russian airstrikes have devasted apartment buildings in a residential area of Kharkiv, north-eastern Ukraine, injuring at least 25 people according to...
The United Nations on Friday voiced serious concern over the deteriorating humanitarian situation in Sudan, warning that rising violence is increasingly affecting civilians.
U.S. authorities say they have thwarted an ISIS‑inspired terrorist attack planned for New Year’s Eve in the town of Mint Hill, North Carolina, arresting an 18‑year‑old suspect just hours before the alleged assault was due to take place.
Ukrainian officials reported on Friday that thousands of children and their parents were evacuated from frontline areas in the Zaporizhzhia and Dnipropetrovsk regions as Russian forces continued to advance.
Turkish President Recep Tayyip Erdoğan said he would have a phone call with U.S. President Donald Trump on Monday to discuss peace efforts between Ukraine and Russia as well as issues surrounding Gaza.
Dozens of people are feared dead and around 100 others injured after an explosion tore through a crowded bar during New Year’s Eve celebrations at the Swiss ski resort of Crans-Montana, authorities said.
Russian athletes will not be allowed to represent their country at the Milano Cortina Winter Olympics even if a peace deal is reached with Ukraine, International Olympic Committee President Kirsty Coventry said in an interview with an Italian newspaper.
At least 47 people were killed and 112 injured after a fire broke out at a crowded bar in the Swiss ski resort town of Crans-Montana during New Year’s Eve celebrations, Italian Foreign Minister Antonio Tajani told Italian media on Thursday.
India has approved a major arms deal with Israel valued at approximately $8.7 billion, highlighting the deepening defence partnership between the two countries.
A 6.5-magnitude earthquake has struck the southern state of Guerrero in Mexico.
Poland has asked the European Commission to investigate TikTok after artificial intelligence-generated content calling for the country to leave the European Union appeared on the platform, which Warsaw says was likely Russian disinformation.
Tianhui-7 satellite to be used for geographic mapping, land resource surveys, and scientific research.
Iran successfully launched three satellites on Sunday using a Russian Soyuz rocket from Russia’s Far East, marking the latest stage in growing Iran-Russia space cooperation.
China’s core artificial intelligence (AI) industry is projected to surpass 1.2 trillion yuan in 2025 (about $170 billion), up from more than 900 billion yuan in 2024, according to a new industry assessment.
Time Magazine has chosen the creators behind artificial intelligence as its 2025 Person of the Year, highlighting the technology’s sweeping impact on global business, politics and daily life.
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