"Nvidia Surpasses Alphabet to Become Third Most Valuable US Company"
TL;DR Summary
Nvidia's market capitalization has surged to $1.83 trillion, surpassing Alphabet's $1.82 trillion and Amazon earlier this week. The chipmaker's shares rose 2.5% to $739, benefiting from the AI hype dominating Wall Street. However, some investors are cautious about the company's valuation and rapid growth rate. Nvidia CEO Jensen Huang emphasized the importance of democratizing AI technology and enabling every region to create their own digital intelligence.
- Nvidia is now worth more than Alphabet, one day after surpassing Amazon CNN
- NVIDIA becomes the third most valuable US company at Alphabet's expense Engadget
- Nvidia passes Alphabet in market cap and is now the third most valuable U.S. company CNBC
- Analysts unveil new stock price target for Nvidia ahead of earnings Yahoo Finance
- Nvidia becomes third-largest U.S. company as it passes Google parent Alphabet MarketWatch
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