After Amazon, NVIDIA now surpasses Alphabet in market capitalization
Image Credit: cnn
NVIDIA is now the fourth most valuable company in the world. With a market cap of $1.83 trillion, it has surpassed the value of Amazon ($1.77 trillion) and Google's parent Alphabet ($1.82 trillion). This success is largely due to NVIDIA's dominance in the AI chip market, with its H100 chip being used in many popular large language models (LLMs) such as OpenAI's ChatGPT and projects by Microsoft, Meta, and Amazon.