Nvidia Surpasses Amazon in Market Cap: A Deep Dive into AI's Role
In a landmark shift within the tech industry, Nvidia (NASDAQ: NVDA), the semiconductor powerhouse known for its graphics processing units (GPUs), has overtaken e-commerce giant Amazon (NASDAQ: AMZN) in market capitalization. Nvidia's market cap reached a staggering $1.78 trillion, surpassing Amazon's $1.75 trillion. This remarkable achievement underscores the accelerating influence of artificial intelligence (AI) in shaping market valuations and investment opportunities.
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