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Nvidia: American multinational tech company Nvidia has made history by achieving a market cap of USD 4 trillion (approx Rs 344391456000000) becoming the first company on the globe to achieve this milestone. Following the achievement the weight of this company in the MSCI All Country World Index (MSCI ACWI) has reached a record 4.73 percent. The status and weightage of Nvidia can be guessed from the fact that the weightage of Japan — which has the third-largest stock market in the world — is 4.65 percent in this index which is less than the American tech giant. What Is MSCI ACWI Index? The MSCI All Country World Index covers about 85 percent of the global equity market including large- and mid-cap stocks. As per the index Britain’s weightage is 3.28 percent China’s is 2.97 percent and Canada’s is 2.87 percent. Nvidias weightage is equal to the combined weight of France (2.50 percent) and Germany (2.32 percent). The company has also surpassed the wealth of Warren Buffett and has a place in the top 10 for the first time. Market Cap Jensen Huang founded Nvidia in the year 1993 and took the company to new heights with his vision and innovative approach. He is currently serving as Chief Executive Officer and a member of the board of directors of the company. “Since its founding NVIDIA has pioneered accelerated computing. The company’s invention of the GPU in 1999 sparked the growth of the PC gaming market redefined computer graphics and ignited the era of modern AI. NVIDIA is now driving the platform shift of accelerated computing and generative AI transforming the worlds largest industries and profoundly impacting society” nvidia.com stated. The market cap of the American tech company on Wednesday was USD4.179 trillion. Notably stands second with USD3.758 trillion and Apple secured the third position with a market cap of USD3.138 trillion. Mukesh Ambanis Reliance Industries is ranked 54th in the world with USD241.22 billion.