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Nvidia’s market value has surpassed Amazon’s | VGC

The chipmaker becomes the fourth most valuable US-listed…

According to Bloomberg, the world’s dominant designer and supplier of AI chips saw its shares rise as much as 2.9% today to hit a market capitalisation of $1.83 trillion. “Nvidia is just riding the first investment wave of the current AI boom with massive capital expenditures being deployed in data centers.” Nvidia, which has added some $600 billion in market value this year alone, will report its quarterly earnings on February 21.

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