• Home
  • News
  • Apps
  • Guides
  • Tech
  • Gaming
  • Apple
  • Mobile
  • Windows
  • Hardware

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Tesla buyers develop cautious of Elon Musk robotaxi guarantees

Apple Expands App Retailer Age Score System With Extra Granular Classes

Video-Sharing App Vine Is Returning ‘In AI Type’, Says Elon Musk

Facebook Twitter Instagram
Tech Crowder
  • Home
  • News
  • Apps
  • Guides
  • Tech
  • Gaming
  • Apple
  • Mobile
  • Windows
  • Hardware
Facebook Twitter Instagram
Tech Crowder
Home»Latest Posts»Nvidia market cap passes Amazon on power of AI increase
Latest Posts

Nvidia market cap passes Amazon on power of AI increase

Rudra SharmaBy Rudra SharmaUpdated:No Comments2 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
Nvidia market cap passes Amazon on power of AI increase
Share
Facebook Twitter LinkedIn Pinterest Telegram Email

Jensen Huang, CEO of Nvidia, arrives for the Inaugural AI Perception Discussion board within the Russell Constructing on Capitol Hill on Sept. 13, 2023.

Tom Williams | CQ-Roll Name, Inc. | Getty Photos

Advertisement

Nvidia surpassed Amazon in market capitalization on Tuesday. It is a signal of sturdy demand for semiconductors that run cutting-edge synthetic intelligence and the investor urge for food for the businesses that make the chips.

Nvidia closed at $721.28 per share, giving it a market worth of $1.78 trillion to Amazon’s $1.75 trillion market cap. Whereas Nvidia additionally briefly handed Amazon on Monday, that is the primary since 2002 that Nvidia is price extra after the market shut.

Nvidia’s predominant merchandise in 2002 have been graphics playing cards for gaming PCs. However Nvidia shares are up over 246% within the final 12 months on strong demand for its server AI chips that may value greater than $20,000 every. Corporations similar to Microsoft, OpenAI and Meta want tens of 1000’s of them to run merchandise similar to ChatGPT and Copilot.

Amazon is not slowing down, both. The corporate reported better-than-expected quarterly earnings Feb. 1 that confirmed it efficiently reined in bills after shedding 27,000 staff. Amazon shares are up about 78% previously 12 months. Nonetheless, it exhibits there’s an ongoing shuffle among the many world’s most beneficial corporations.

In January, for instance, Microsoft surpassed Apple to turn out to be essentially the most worthwhile U.S. firm by market capitalization, largely on the power of its cloud partnership with OpenAI and new AI options in Home windows and Workplace.

Nvidia stories quarterly earnings Feb. 21. Analysts anticipate 118% annual progress in gross sales to $59.04 billion.

Do not miss these tales from CNBC PRO:

Advertisement
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Rudra Sharma
  • Website

Techcrowder is an imprint of Authority Media dedicated to consumer electronics and digital services. Beyond our expertise in mobile tech, our coverage has expanded to include everything from robot vacuums to streaming services to innovations in artificial intelligence.

Related Posts

Tesla buyers develop cautious of Elon Musk robotaxi guarantees

Sundar Pichai hits $1.1 billion internet value as Alphabet’s AI-led surge provides over $1 trillion in worth

CoreWeave broadcasts $1.5 billion bond sale

Mark Zuckerberg’s Meta recruits two key Apple AI engineers after luring staff chief

Joby Aviation says it’s doubling manufacturing manufacturing

Amazon Prime Day Sale 2025: Greatest earphones and headphone offers with as much as 70% off

Leave A Reply Cancel Reply

Advertisement
Recent Posts
  • Tesla buyers develop cautious of Elon Musk robotaxi guarantees
  • Apple Expands App Retailer Age Score System With Extra Granular Classes
  • Video-Sharing App Vine Is Returning ‘In AI Type’, Says Elon Musk
  • OpenAI Lastly Rolling Out ChatGPT Agent for Eligible Customers After Week-Lengthy Delay
  • OTT Releases This Week (July 21 – July 27): Mandala Murders, Ronth, Rangeen, and Extra
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss
Latest Posts

Tesla buyers develop cautious of Elon Musk robotaxi guarantees

Tesla CEO Elon Musk speaks alongside U.S. President Donald Trump to reporters within the Oval…

Apple Expands App Retailer Age Score System With Extra Granular Classes

Video-Sharing App Vine Is Returning ‘In AI Type’, Says Elon Musk

OpenAI Lastly Rolling Out ChatGPT Agent for Eligible Customers After Week-Lengthy Delay

Advertisement
Latest Posts

Tesla buyers develop cautious of Elon Musk robotaxi guarantees

Apple Expands App Retailer Age Score System With Extra Granular Classes

Video-Sharing App Vine Is Returning ‘In AI Type’, Says Elon Musk

OpenAI Lastly Rolling Out ChatGPT Agent for Eligible Customers After Week-Lengthy Delay

OTT Releases This Week (July 21 – July 27): Mandala Murders, Ronth, Rangeen, and Extra

Sundar Pichai hits $1.1 billion internet value as Alphabet’s AI-led surge provides over $1 trillion in worth

WhatsApp for Android Stated to Be Testing Actual-Time Voice Chats With Meta AI

Google I/O Join India 2025: Eight Indian Startups Showcased Functions Constructed With Google’s AI Fashions

Categories
  • Apps
  • Entertainment
  • Gadgets
  • Gaming
  • Latest Posts

Tesla buyers develop cautious of Elon Musk robotaxi guarantees

Apple Expands App Retailer Age Score System With Extra Granular Classes

Video-Sharing App Vine Is Returning ‘In AI Type’, Says Elon Musk

OpenAI Lastly Rolling Out ChatGPT Agent for Eligible Customers After Week-Lengthy Delay

Recent Posts
  • Tesla buyers develop cautious of Elon Musk robotaxi guarantees
  • Apple Expands App Retailer Age Score System With Extra Granular Classes
  • Video-Sharing App Vine Is Returning ‘In AI Type’, Says Elon Musk
  • OpenAI Lastly Rolling Out ChatGPT Agent for Eligible Customers After Week-Lengthy Delay
  • OTT Releases This Week (July 21 – July 27): Mandala Murders, Ronth, Rangeen, and Extra
Pages
  • About Us
  • Contact Us
  • Disclaimer
  • Homepage
  • Privacy Policy
© 2022 Techcrowder.com
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy

Type above and press Enter to search. Press Esc to cancel.

Like Us
Follow Us
Subscribe Us
Follow Us