February 13, 2024Anmol Nagpal

Nvidia overtakes Amazon in market value

Nvidia Corporation overtook Amazon.com Inc in market value on February 12.

Source: Nvidia

Nvidia rose almost 0.2 per cent, closing with a market value of about $1.78 trillion.

Source: NVIDIA

While Amazon fell 1.2 per cent, it ended with a closing valuation of $1.79 trillion.

Source: Amazon

The chipmaker did surpass the e-commerce and cloud-computing company during the regular session, temporarily making it the fourth most valuable US-listed company.

Source: Pexels

Alphabet’s market capitalisation is at $1.84 trillion.

Source: Unsplash

Microsoft Corporation weighs in at $3.09 trillion.

Source: Pixabay

Apple’s market capitalisation at $2.89 trillion.

Source: Unsplash

Nvidia has added about $600 billion in market value so far this year, more than it gained in the last seven months of 2023.

Source: Pexels

Amazon’s shares jumped 8 percent last week after reporting strong sales in the Q4.

Source: Unsplash