Nvidia is the big winner of the AI hype. The chip and graphics card manufacturer is now among the big players in the tech industry. Even Amazon is left behind.
The still unannounced Switch successor is said to be have installed a special Nvidia chip. One of Microsoft’s next consoles will be powered by the company’s hardware, insiders claim. And AI, which is becoming increasingly relevant for video games, also benefits significantly from Nvidia products.
Ultimately, it’s a situation that is also pushing Nvidia to new heights. The tech giant has now been able to overtake another giant on the stock market, like Bloomberg reported.
Nvidia is more valuable than Amazon
Yesterday Monday alone, Nvidia’s share value rose by up to 2.9 percent, reports the English-language publication. The market capitalization thus reached a value of 1.83 billion US dollars. This year alone, the stock market value increased by $600 billion.
This means that Nvidia is now ahead of Amazon. The shipping giant has a market value of $1.80 billion, making it the fourth most valuable listed company in the United States. In front of them are Alphabet (1.85 billion US dollars), Apple (2.9 billion US dollars) and Microsoft (3.11 billion US dollars).
“Amazon has been among the winners of the current earnings season as Amazon’s prospects improve,” said Saxo Bank’s Peter Garnry. “Nvidia is currently riding the first wave of investment in the current AI boom with massive capital expenditures in data centers.”
Nvidia also has a strong presence in the PC market. Last month, the company launched the GeForce RTX 40 Super GPU series, for the price of which you can get a console, TV and accessories, depending on the model. Sony, however, will continue to rely on AMD technology with its upcoming consoles, as was recently claimed.
RTX 4080 Super 16G from MSI
Order now from Amazon:
Looking back, Nvidia is a real money printing machine for investors. In the past 30 days, the price has increased by around 35 percent. In the last twelve months it has increased by over 230 percent. In the three-year period it was 440 percent. Investors who invested in Nvidia five years ago can look forward to an increase of almost 2,000 percent.
A steep climb can also result in a steep fall. Since the current Nvidia hype is primarily due to the AI, disappointed expectations could mean a significant loss in value. We also remember the dot-com bubble.
More news about Nvidia.
Discuss this news in the PlayStation Forum
Links to Amazon, Media Markt, Saturn and some other retailers are usually affiliate links. When you make a purchase, we receive a small commission with which we can finance the free-to-use site. You have no disadvantages.