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Nvidia beats Amazon in value
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Old 14th February 2024, 07:20   #1
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Default Nvidia beats Amazon in value
AI chip feaver

Nvidia briefly overtook Amazon.com in market value, as the craze for artificial intelligence sent the chip firm soaring to the fourth most valuable US company.

According to LSEG data, Nvidia was worth €1.69 trillion, compared to €1.68 trillion for the online giant Amazon.com and just behind Google's parent company, Alphabet's €1.73 trillion.

The last time Nvidia was worth more than Amazon was in 2002, when they were worth less than €5.6 billion.

After Amazon's bumper Christmas sales last month, investors are eyeing Nvidia's quarterly results on 21 Feb. It is the last of the big firms to report this earnings season.

https://fudzilla.com/news/ai/58433-n...mazon-in-value
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