Nvidia has reached a significant milestone, hitting a market capitalization of $3 trillion and briefly becoming the world's most valuable company, surpassing Microsoft. This surge was driven by the AI frenzy and the increasing demand for AI and gaming chips.
Shortly after, Amazon joined the exclusive $2 trillion club. Wall Street investors pushed the value of the e-commerce giant's stock past this threshold, resulting in a 52% gain over the past 12 months. This growth is partly due to enthusiasm for Amazon's investments in artificial intelligence.