Nvidia is now worth more than Amazon thanks to the AI chip boom
Publishing timestamp: 2024-02-13 16:28:36
Summary
Nvidia has surpassed Amazon in market capitalization, indicating strong demand for semiconductors that run AI and investor interest in chip-making companies. Nvidia's value has increased due to robust demand for its server AI chips, while Amazon continues to perform well. This reflects the ongoing shuffle among the world's most valuable companies.
Sentiment: POSITIVE
Tickers: AMZN, MSFT, META, NVDA,
Keywords: microsoft corp, breaking news: technology, amazon.com inc, business news, apple inc, mobile, technology, business, nvidia corp, meta platforms inc,
Source: https://www.cnbc.com/2024/02/13/nvidia-market-cap-passes-amazon-on-strength-of-ai-boom.html