As Nvidia Surpasses Amazon In Market Cap, Will It Be Able To Overtake Alphabet?

Nvidia, a leading AI chipmaker, witnessed its market capitalisation exceeding Amazon's for the first time in two decades, positioning it as a formidable contender to overtake Alphabet as the third most valuable company on Wall Street. Despite a slight slip in Nvidia's shares, its market value reached $1.78 trillion, outpacing Amazon's $1.75 trillion, following a decline in the latter's stock.