Nvidia passes Alphabet in market cap and is now the third most valuable U.S. company
PUBLISHED WED, FEB 14 20245:33 PM EST
Kif Leswing @KIFLESWING
- The symbolic milestone is more confirmation that Nvidia has become a Wall Street darling on the back of elevated AI chips sales.
- Nvidia is valued even more highly than the large software companies and cloud providers that developed many of the AI techniques that power the boom.
- Nvidia is now the third largest U.S. company, only behind Apple and Microsoft.