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Nvidia passes Alphabet in market cap and is now the third most valuable U.S. company (www.cnbc.com)

submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Nvidia passes Alphabet in market cap and is now the third most valuable U.S. company::The symbolic milestone is more confirmation that Nvidia has become a Wall Street darling on the back of elevated AI chips sales

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[–] lunar17@lemmy.world 39 points 10 months ago (1 children)

Has this kind of ridiculous overvaluation happened this frequently in the past, or is this a modern phenomenon?

[–] bionicjoey@lemmy.ca 36 points 10 months ago (1 children)

Google "the Great Depression"

[–] deus@lemmy.world 14 points 10 months ago

Holy hell