Nvidia overtakes Microsoft to become world’s most valuable company

Nvidia has overtaken Microsoft to become the world’s most valuable company (AP Photo/Jeff Chiu, File)

US computer chip maker Nvidia has become the world’s most valuable company after its share price reached an all-time high on Tuesday.

The firm’s stock price rose more than 3% during the trading day to end at nearly 136 dollars, making it more valuable than tech giant Microsoft, which had held the most valuable title.