Chipmaker and AI darling Nvidia is back nipping at Apples heels as the most valuable company in the world, with the stock hitting an all time high Monday.
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00:00Chipmaker and AI darling, NVIDIA, is back nipping at Apple's heels as the most valuable company in the world.
00:06The stock at an all-time high, Monday leaving NVIDIA's market cap at $3.66 trillion.
00:13Apple was worth $3.7 trillion at Tuesday's open.
00:17CEO Jensen Wang giving the keynote speech to open the world's biggest consumer tech conference,
00:23CES, in Las Vegas.
00:25Wang telling the crowd how their chips will soon power consumer PCs and laptops.
00:30The CEO also introduced Cosmos, which will generate photorealistic video that can be
00:36used to train robots and self-driving cars at a much lower cost than conventional data.
00:42NVIDIA also announcing that their chips will be incorporated in certain Toyota cars moving
00:47forward.
00:48NVIDIA stock is up 186 percent in the last 12 months.