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The three major U.S. stock indexes collectively surged, with NVIDIA's share price jumping nearly 3%, propelling its market capitalization to an impressive $3.45 trillion. This feat saw NVIDIA reclaim the title of the world's most valuable publicly traded company, surpassing Microsoft. NVIDIA's financial report revealed a robust second fiscal quarter revenue of $44.1 billion, marking a year-over-year increase of 69%. However, amidst the U.S. chip export control policy targeting China, the company anticipates incurring losses of approximately $8 billion. Over the past year, NVIDIA, Apple, and Microsoft have frequently swapped positions at the top of the global market cap rankings, with NVIDIA's latest ascent to the pinnacle occurring on January 24th.
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