Business Desk, New Delhi. There has been a big change in the world overnight. Earlier Microsoft was the world's largest company (World's Most Valuable Company), now Nvidia has become it. Yes, in terms of market cap, semiconductor maker Nvidia has overtaken Microsoft.

Nvidia's stock rose

Nvidia 's shares rose on Tuesday . The company's stock rose by more than 3 percent and the price of one stock reached $ 135.58. At the same time, Microsoft's stock saw a slight decline and the price of one share reached $ 447.58.

After the rise in the stock, Nvidia's market cap was $3.335 trillion. Whereas, Microsoft's market capitalization is $3.317 trillion. At the beginning of this year, Nvidia's market cap was $1.2 trillion which was half the market cap of Microsoft and Apple at that time.

On Tuesday, Nvidia's stock rose sharply and the company's market cap increased by $103 billion. In about 9 months, the company's market cap has increased from 1 trillion to 2 trillion. Whereas 3 months ago, the company's market cap had reached 3 trillion.

This year too Nvidia was at number-1

Before this month, in the year 2002, Nvidia's market cap was more than Apple. Now for some time, Nvidia's stock has seen a stormy rise on Wall Street and Nvidia's stock has left behind the other two giant companies i.e. Apple and Microsoft.

Nvidia's stock has seen a growth of about 209 percent in one year. Whereas Microsoft's stock has given a return of 32 percent.

Where does Microsoft and Apple stand?

Microsoft comes second in the list of the world's top 10 most valuable companies. Microsoft's market cap is $3.317 trillion. iPhone maker Apple is third in this list. On Tuesday, Apple's stock fell by 1.1 percent, after which the company's market cap became $3.285 trillion.

This is a time when technology giants like Microsoft, Meta Platform and Google owner Alphabet are competing to develop their AI computing capabilities and dominate the technology. Due to this competition, the company's stock is also witnessing fluctuations.