Nvidia’s Stock Rally Surges Past Amazon’s as Chipmaker Dominates AI Market
Nvidia, the renowned chipmaker, has experienced a remarkable stock rally, with a 2.1% increase as of midday Monday. This achievement starkly contrasts with Amazon, whose stock has fallen by 0.6%. Nvidia’s impressive surge marks its fifth consecutive week of gains, demonstrating a clear upward momentum. Furthermore, the company has flourished in the past year, boasting a staggering 250% increase, in comparison to Amazon’s relatively modest 80% growth.
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