Nvidia is now worth more than Intel, according to the NASDAQ. The GPU company has finally topped the CPU company’s market cap (the total value of its outstanding shares) by $251bn to $248bn, meaning it is now technically worth more to its shareholders. Put it this way: that’s a lot of leather jackets for Jen-Hsun.

That rise comes off the back of massive gains over the past year, during which its share value has increased by over 70%. That’s quite something for the fabless company, not the least bit because it doesn’t actually manufacture its own chips, but also because previous highs during the cryptocurrency boom, which were deemed by many to be unsustainable at the time, have been monumentally beaten.

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