Nvidia's market capitalisation rose to $US1.83 trillion on Wednesday , nudging past Google parent company Alphabet's $US1.82 trillion market cap.
Shares in the California based tech company Nvidia have surged 222 per cent this year on the US stock market. Nvidia shares have been on a tear since 2023, when investors swept up in AI hype bought up shares of Big Tech stocks, spurring a bull market against a backdrop of sky-high interest rates and leading the S&P 500 index to jump 24 per cent last year.
Source: News Formal (newsformal.com)
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