Nvidia dethrones Microsoft as the world's most valuable publicly traded company with a $3.45 trillion market cap
1. Nvidia surpasses Microsoft as most valuable public company after strong earnings report. 2. Nvidia's stock rose 24% after Q1 revenues beat expectations by 69%. 3. Chip stocks like Nvidia see an upward trend, boosting semiconductor ETFs. 4. Concerns over U.S. export controls may impact future revenue for Nvidia. 5. Microsoft's market cap now lags slightly behind Nvidia by $3 billion.