"NVIDIA Surpasses Alphabet and Amazon to Become Third Most Valuable US Company"

1 min read
Source: Engadget
"NVIDIA Surpasses Alphabet and Amazon to Become Third Most Valuable US Company"
Photo: Engadget
TL;DR Summary

NVIDIA has surpassed Alphabet to become the third most valuable company in the US, with a valuation of $1.83 trillion, largely due to its dominance in the high-end chip market driven by the boom in AI. The company's expansion into custom chips for cloud computing firms is expected to further solidify its position. With its quarterly report imminent, NVIDIA's performance will be closely watched, with predictions indicating a significant increase in earnings and net profits.

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