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%.
An army commander who led a mutiny in Madagascar said on Tuesday the military had taken power, after President Andry Rajoelina was impeached by lawmak...
France will borrow a record €310 billion from financial markets next year to finance its growing public deficit and refinance maturing debt, accordi...
The "Azerbaijani Cartographers" Public Union has prepared a map of the Zangezur corridor based on high-quality satellite images, showing detailed geog...
Ukrainian President Volodymyr Zelenskyy revoked the citizenship of Odesa mayor Hennadiy Trukhanov on Tuesday, which Ukraine's security service said wa...
Tensions between Afghanistan and Pakistan are showing no signs of waning after a weekend of clashes on the volatile Afghan border between the security...
An army commander who led a mutiny in Madagascar said on Tuesday the military had taken power, after President Andry Rajoelina was impeached by lawmakers and forced to flee the country after weeks of protests.
France will borrow a record €310 billion from financial markets next year to finance its growing public deficit and refinance maturing debt, according to figures released by Agence France Trésor (AFT) on Tuesday.
The "Azerbaijani Cartographers" Public Union has prepared a map of the Zangezur corridor based on high-quality satellite images, showing detailed geographic features across Azerbaijan, Armenia, and Iran.
Ukrainian President Volodymyr Zelenskyy revoked the citizenship of Odesa mayor Hennadiy Trukhanov on Tuesday, which Ukraine's security service said was due to Trukhanov also being a Russian citizen.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
SpaceX launched its 11th Starship from Texas on 13 October, landing in the Indian Ocean ahead of testing an upgraded version for future moon and Mars missions.
From Sunday, all non-EU citizens, including British visitors, will face new biometric checks when entering and exiting the European Union under its long-delayed Entry/Exit System (EES).
The Royal Swedish Academy of Sciences announced that the 2025 Nobel Prize in Chemistry has been awarded to Susumu Kitagawa of Kyoto University, Richard Robson of the University of Melbourne, and Omar Yaghi of the University of California.
The 2025 Nobel Prize in Physics has been awarded to John Clarke, Michel H. Devoret, and John M. Martinis for their groundbreaking discovery of macroscopic quantum mechanical tunnelling and energy quantisation in electric circuits.
United States chipmaker AMD will supply artificial intelligence chips to OpenAI in a multi-year agreement that could generate tens of billions of dollars in annual revenue and give the ChatGPT maker the option to acquire up to 10% of the company.
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