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Nvidia passes Alphabet in market cap and is now the third most valuable U.S. company (www.cnbc.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Nvidia passes Alphabet in market cap and is now the third most valuable U.S. company::The symbolic milestone is more confirmation that Nvidia has become a Wall Street darling on the back of elevated AI chips sales

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[–] erwan@lemmy.ml 31 points 9 months ago

This is not about Google, which have a market cap that corresponds to their revenue.

This is about Nvidia that has a crazy inflated market cap.