Nvidia overtakes Microsoft to take the top spot as the most valuable company globally.

As of right now, Nvidia is the most valuable company in the world, surpassing Microsoft. Less than a week after surpassing iPhone manufacturer Apple to take the second spot in terms of valuation, Nvidia’s shares increased 3.5% to $135.58, increasing the company’s market capitalization by over $110 billion to $3.335 trillion, according to Reuters.

As of right now, Nvidia is the most valuable company in the world, surpassing Microsoft.In just nine months, the company’s market value increased from $1 trillion to $2 trillion in February, and it took slightly more than three months to reach $3 trillion in June. See Also: Nvidia Accepts Purchase of Software Startup Shoreline Microsoft’s stock market value was $3.317 trillion after a 0.45% decline in share price. With a 1% decline in share price, Apple is now worth $3.286 trillion.