Nvidia’s Market Cap Has Surpassed Amazon’s Thanks to Artificial Intelligence (AI). There Could Be More to Come.

From NASDAQ:

Nvidia has overtaken Amazon in value, with a market cap of $1.78 trillion, thanks to its pioneering graphics processing units and increasing dominance in AI and data center chips. Amazon remains the leader in e-commerce, AWS, and digital advertising, but Nvidia seems poised for bigger future growth.

Nvidia’s significant role in AI and data center chips represents a crucial advantage, and its growth trajectory has made it the winner for now. Amazon continues to dominate e-commerce, cloud services, and digital advertising, with its cloud business providing significant growth opportunities in AI services.

Nvidia’s soaring growth rate and position as the gold standard for AI applications make it an attractive investment opportunity. The company has outperformed Amazon in revenue and profit growth, signifying a potential undervaluation and future growth opportunities. Investors might want to consider Nvidia in their portfolio.

Investors may benefit from Nvidia’s growth, as the company has become an industry leader in AI applications. The Motley Fool Stock Advisor analysts have identified 10 stocks to buy now, though Nvidia wasn’t one of them. This service has outperformed the S&P 500, providing investors with guidance and stock picks for long-term success.



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