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Nvidia set to solidify position as world's most valuable company

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It was set to add more than $92 billion to its market value of $3.34 trillion at $139.35

- Nvidia shares gained 3% before the bell on Thursday, set to extend the semiconductor bellwether's lead as the world's most valuable company, after partners Dell and Super Micro Computer received server orders for Elon Musk's AI startup.

Musk said on his X social media platform on Wednesday that Dell and Super Micro are supplying server racks for xAI's supercomputer, which will be used to expand the capabilities of its AI tool, Grok. "While Microsoft both spends and makes money in AI, Nvidia only makes money and lot's of money and profits in AI. That's why you cannot spell Nvidia without AI," said Jake Dollarhide, chief executive officer, Longbow Asset Management.

 

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