"Nvidia's Market Value Poised to Surpass Amazon's"

Nvidia's market capitalization has surged to $1.715 trillion, putting it on the verge of surpassing Amazon's $1.767 trillion value and trailing just behind Alphabet's $1.812 trillion. The company's stock has risen 40% in 2024, driven by increasing demand for AI technology. Nvidia has become the fifth most valuable company in the U.S. stock market and has been a major beneficiary of Big Tech's push to integrate AI into their products. With AI demand continuing to surge, Nvidia's stock is expected to rise further, and it is set to report quarterly results on Feb. 21.