Nvidia passed Apple in market cap and is now the second-most valuable public company, behind Microsoft. The company hit a $3 trillion market cap milestone after shares rose over 5%. At market close, Nvidia had a market value of $3.019 trillion in comparison to Apple which stood at $2.99 trillion. Microsoft is the most valuable publicly traded company with a market cap of $3.15 trillion.

Nvidia’s CEO Jensen Huang displays products on-stage during the annual Nvidia GTC Artificial Intelligence Conference at SAP Center in San Jose, California.(AFP)

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