Nvidia Beats Alphabet in Stock Market Race
Move over Alphabet, Nvidia is taking the lead in the stock market race! The buzz surrounding artificial intelligence in the tech industry has propelled Nvidia ahead of Google’s parent company.
Nvidia’s Stock Value Soars
Nvidia’s stock value skyrocketed by 2% to $739 per share, giving the company a market value of over $1.38 trillion. This milestone was achieved in less than 24 hours after Nvidia surpassed the ecommerce giant Amazon in the stock market.
AI Integration in Nvidia’s Products
By investing in AI technologies and incorporating them into their products, Nvidia has seen a whopping 221% increase in its stock value. Providing AI technology for cloud services used by tech giants like Google and Amazon has played a significant role in their remarkable growth over the past year. With this impressive growth, Nvidia now sits as the third most valuable company in the US, trailing only behind Apple and Microsoft.
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