A week after reporting strong first-quarter earnings, Nvidia has surpassed Microsoft in market value to become the most valuable company in the world by market capitalization. At the time of writing, Nvidia and Microsoft have maintained their respective market values. "Global demand for Nvidia's AI infrastructure is incredibly strong," Nvidia CEO Jensen Huang stated in a press release last week. CNBC notes that the last time Nvidia was the most valuable company was on Jan. 24. Nvidia has been one of the top three most valuable companies in the world since last June, switching places with Microsoft and Apple.