In a historic leap for global technology and a promising signal for Africa’s digital future, U.S. chipmaker Nvidia has officially surpassed a $4 trillion market valuation, becoming the world’s most valuable publicly traded company.
The milestone was achieved on Wednesday, July 9, after Nvidia shares rose 2.5% in early trading outpacing tech titans Apple and Microsoft.
This surge holds special significance for Zimbabwean billionaire Strive Masiyiwa, whose recent partnership with Nvidia aims to develop Africa’s first AI supercomputing factory, a revolutionary step for the continent’s tech landscape.
Masiyiwa, founder of Liquid Intelligent Technologies, announced the collaboration earlier this year, positioning Africa to harness the power of Artificial Intelligence to solve local challenges in agriculture, healthcare, education, and financial services.
The planned facility, backed by Nvidia’s cutting-edge chips and architecture, will mark a major milestone in narrowing the digital divide between Africa and the rest of the world.
