"Nvidia Surpasses Amazon and Alphabet to Become Third Most Valuable U.S. Company"

Nvidia has surpassed Alphabet and Amazon in market capitalization, making it the world’s fourth most valuable company after Microsoft, Apple, and Saudi Aramco. The chip maker's stock is now worth $1.83 trillion, driven by the AI boom and its dominance in AI chips, which power LLMs used by major tech companies. Nvidia is close to releasing the H200, a superior AI chip with more memory capacity and bandwidth, while also investing in a unit to help other companies make custom AI chips. Despite competition from Intel and AMD, Nvidia's position in the AI chip arms race remains strong.