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Nvidia's Market Value Surpasses Amazon for the First Time in Two Decades

Nvidia shares gained more than 1% in premarket trading Monday, market value on verge of overtaking Amazon.Wall Street’s enthusiasm about artificial intelligence has Nvidia on the verge of becoming more valuable than Amazon for the first time in two decades, and the AI chip maker is not far behind Google-owner Alphabet.A 45.7 per cent surge in Nvidia so far in 2024 has elevated its market capitalisation to US$1.78 trillion as of Friday, only about 2 per cent below Amazon’s US$1.81 trillion value,

Nvidia's Market Value Surpasses Amazon for the First Time in Two Decades

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