On Friday, Nvidia briefly became the most valuable company in the world, again.

The GPU designer dethroned Apple, with a market cap of $3.53 trillion ahead of the iPhone company's $3.52 trillion. It has since dipped to $3.47 trillion.

Nvidia was also the world's most valuable company for a short window in June, before it was overtaken by both Microsoft and Apple. That month, it passed $3 trillion for the first time, before it held a a 10-for-1 stock split.

That comes after it first hit $2 trillion in February 2024, and $1 trillion in May 2023.

In August, the company posted revenues of $30 billion, with $26.3bn of that coming from data centers. Its data center division brought in 154 percent more compared to the same period last year, thanks the the generative AI GPU boom.

Nvidia's next earnings report is expected on November 20, with its latest Blackwell server GPUs reportedly already fully sold out for the next 12 months.