NVIDIA has overtaken Amazon For Market capitalizationDuring these hours – even if only for a short time – subtract the fourth place one of the most publicly traded US companies. This is another important step for the company co-founded in 1993 by Jen-Hsun Huang, which for years was the queen of GPUs for video games and today is able to make these same chips the driving force of the new generative artificial intelligence market.
The overhaul took place during the ongoing trading day. For several minutes, NVIDIA achieved one Capitalization of 1820 billion dollars against Amazon's 1810 billion dollars. However, the two realities are very close to each other, so we could witness a phase of overtaking and overtaking.
At the start of the year, NVIDIA shares were trading at $480 today they briefly exceeded the $730 marka boom that testifies, on the one hand, to the enormous demand for its artificial intelligence accelerators and, on the other hand, to the market's confidence that this is not a short-term phenomenon.
In addition, in recent days there has been an indiscretion that the company is ready to start developing customized chips for its customers to meet specific requests and prevent them from turning to the competition or, worse, Making decisions to invest directly in the design and gradually abandoning NVIDIA's own chips.
Ahead of NVIDIA (or Amazon, depending on how the shares develop in the next few hours) are Alphabet ($1,850 billion), Apple ($2,900 billion) and Microsoft ($3,110 billion).