Nvidia became the third-most valuable company in the world behind Google and Amazon. Chip maker Nvidia has become the third-most valuable company in the world. Nvidia has held this record behind Google’s parent company, Alphabet, and Amazon.
Recently, Nvidia has been dominating AI chip production. Most of the world’s companies are using Nvidia’s chips for AI projects. Nvidia alone has an 80 percent market share in AI chips.
On Wednesday, Nvidia’s stock increased by 2.46 percent, and the company’s market value reached $1.83 trillion, according to Bloomberg. Similarly, Alphabet’s market value is 1.82 trillion dollars, and Amazon’s market value is 1.75 trillion dollars.
On the other hand, the total market value of Microsoft, which stands as the most valuable company in the world, is 3.01 trillion dollars, and that of Apple, which is the second most valuable company, is 2.81 trillion dollars.
Nvidia became the third-most valuable company in the world behind Google and Amazon
Bylaxman baral
Feb 16, 2024