By George Glover
Nvidia stock was rising on Wednesday, putting the chip maker on course to cement its position as the world's largest company by market value.
Shares climbed 0.7% to $142.15 ahead of the opening bell. Futures tracking the S&P 500 were up 0.2%.
Nvidia stock had risen 2.9% on Tuesday, putting the company above Microsoft as the world's largest company by market capitalization. Nvidia's market cap stands at $3.45 trillion, versus Microsoft's $3.44 trillion. Microsoft shares slid 0.1% in Wednesday's premarket.
Shares in other chip makers were also rising on Wednesday. Advanced Micro Devices stock, Broadcom stock, and Qualcomm stock all added 0.5%.
Write to George Glover at george.glover@dowjones.com
This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
June 04, 2025 05:21 ET (09:21 GMT)
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