Nvidia surges past Apple with $3trn valuation

On Wednesday, the share price of a big tech company in the US went up by 5.16%. The share price started at $1,255 when the markets opened in the US, according to MarketWatch data, but has gone down to about $1,210 since then. According to NASDAQ, this recent increase is part of its year-to-date growth of 148.64%. Nvidia's CEO, Jensen Huang, believes that the company's data centre chips will start a new "industrial revolution". Some tech companies, like Meta, Microsoft and Alphabet, are investing billions of dollars in this area. Investors are being warned to look beyond investments solely in AI technology because of concerns about an AI bubble.