Nvidia Rises 4% in Overgnight Trading after Topping Microsoft on Tuesday

Tiger Newspress06-20

Nvidia rises 4% in overgnight trading after topping Microsoft on Tuesday.

Nvidia's recent stock split lowered the price of each individual share after the high-flying stock reached beyond $1,000 and ever since that split a little more than a week ago.

This momentum has helped the chip designer reach an enormous milestone. Nvidia passed Microsoft to become the world's most valuable company with a market value topping $3.33 trillion as of market close on Tuesday -- that's compared to the rival software giant's $3.31 trillion market capitalization.

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