Nvidia passes Alphabet in market cap and is now the third most valuable U.S. company
Publishing timestamp: 2024-02-14 17:33:26
Summary
Nvidia has surpassed Google parent Alphabet in market capitalization, making it the third largest U.S. company. This milestone confirms Nvidia's status as a Wall Street darling due to its elevated AI chip sales. The article highlights the strong demand for Nvidia's AI server chips and its significant stock growth. It also mentions Google's efforts in AI and its recent announcement of a paid generative AI product. Nvidia's quarterly earnings report is expected to show significant sales growth.
Sentiment: POSITIVE
Keywords: breaking news: technology, alphabet inc, apple inc, business, amazon.com inc, mobile, nvidia corp, technology, business news,