Nvidia has surged past Microsoft and Apple to become the world's most valuable company, driven by the soaring demand for artificial intelligence (AI) technologies. With its cutting-edge chips and software ecosystem, Nvidia has solidified its stronghold in the AI sector, resulting in substantial revenue growth.
Jensen Huang, Nvidia's CEO, emerges as the biggest wealth gainer globally, with his net worth soaring by billions in a day, reflecting the company's remarkable stock performance and market dominance. However, concerns arise over the AI dominance of Nvidia and Microsoft, as US antitrust authorities scrutinize the companies for potentially leveraging their power to stifle competition and innovation in the AI landscape.
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