Nvidia Overtakes Apple as Most Valuable Company

• Nvidia dethroned Apple as the world's most valuable company on Friday, with its stock market value briefly touching $3.53 trillion.
• The surge is driven by high demand for Nvidia's new supercomputing AI chips.
• Nvidia's stock has risen about 18% in October, boosted by OpenAI's $6.6 billion funding round.
• Nvidia's shares hit a record high, supported by TSMC's 54% jump in quarterly profit.
• The next big test will be Nvidia's third-quarter results in November, with forecasted revenue of $32.5 billion.

Source: Mint, Times Now News, Hindustan Times