BUZZ-Nvidia briefly surpasses Amazon in market value

Reuters
2024.02.12 16:58
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Shares of Nvidia briefly surpassed Amazon in market value, reaching a record high of $734.96. Nvidia's market value was $1.82 trillion, while Amazon's was $1.81 trillion. This is the first time Nvidia has been more valuable than Amazon since 2002. Nvidia's stock has surged 223% in the past 12 months, driven by the strong demand for AI. Nvidia is scheduled to report Q4 results on Feb. 21.