Nvidia, a prominent American software company, has reclaimed the title of the world's most valuable company by market capitalization, surpassing tech giant Apple. The company's shares surged by 2.5% during Tuesday's trading, pushing its market valuation to around $3.44 trillion, exceeding Apple's $3.37 trillion. Nvidia, Microsoft, and Apple have been competing for the top spot as the world's most valuable company throughout the year. Nvidia's unexpected success is attributed to its investments in AI technology, experiencing an 850% growth in the AI and machine learning sector. The company's chip demand has also benefited other AI coins like Internet Computer, NEAR protocol, Bittensor, Injective, and Artificial Superintelligence Alliance. Market analysts anticipate continued growth for Nvidia and AI coins in the near future, with Nvidia currently accounting for 7% of the US S&P 500 Index weight. Read more AI-generated news on: https://app.chaingpt.org/news