05:26 AM EDT, 06/06/2024 (MT Newswires) -- Nvidia ( NVDA ) shares continued to rally in premarket activity Thursday, a day after overtaking Apple ( AAPL ) as America's second-largest company by market capitalization.

Shares of the chip designer were up about 1% in the pre-bell session, giving the company a stock market value of $3.012 trillion, compared with Apple's ( AAPL ) $3.003 trillion.

Nvidia ( NVDA ) shares rose 5% on Wednesday, pushing it above the $3 trillion market capitalization threshold and past Apple ( AAPL ) for the first time.

Microsoft ( MSFT ) , with a market capitalization of $3.151 trillion, retains the top spot among companies publicly traded in the US.

Price: 1,235.91, Change: +11.51, Percent Change: +0.94