Nvidia Overtakes Microsoft As The World's Most Valuable Company With $3.4 Trillion Market Cap As Morgan Stanley Reaffirms Top Pick Status

Benzinga
2025.06.04 04:35
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Nvidia Corporation has overtaken Microsoft as the world's most valuable publicly traded company, achieving a market cap of $3.444 trillion. Nvidia's shares rose 2.80% to close at $141.22, driven by strong demand for its AI chips and a 69% year-over-year revenue increase to $44.1 billion. Morgan Stanley reaffirmed its 'Overweight' rating on Nvidia, citing it as a top pick in the semiconductor industry. Meanwhile, Microsoft faces challenges, including layoffs, despite reporting strong third-quarter revenue of $70.07 billion.