Nvidia has surged to become the world's most valuable company with its share price reaching an all-time high, hitting $3.34tn and surpassing tech giants like Microsoft and Apple. The chip-maker's success is largely attributed to its stronghold in supplying chips for artificial intelligence, which experts consider as the "new gold or oil" in the tech industry. After over 30 years of dedication to computing and AI development, Nvidia has seen its stock value nearly double since the beginning of the year. Industry experts and analysts predict continued growth for Nvidia in the AI sector, emphasizing the transformative impact of generative AI on global businesses. However, some voices have raised concerns regarding future competition and potential challenges that Nvidia may face despite its current dominance in the market.