NVDA closes on record high, Nvidia could top Apple as world’s most valuable company: Here’s what’s driving the latest rally

The AI chipmaker’s share price is now up 187% year-to-date, for a market cap of nearly $3.4 trillion as the company closes in on Apple’s top spot.

Chipmaker Nvidia’s stock may just be the hottest thing on the stock market—and as share prices rise, it’s getting closer to becoming the most valuable company in the world.