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Exclusive Content:

Huida’s market value once surpassed Amazon and became the fourth largest company in the United States.

Huida(Nvidia) The company’s market capitalization briefly surpassedAmazonSymbolizes reaching new milestones and reflecting AIWaferStrong demand has boosted the chip maker’s share price.

Huida’s share price closed up about 0.2% on Monday at US$722.48 per share, with a market value of about US$1.78 trillion; E-commerce and cloud computing giant Amazon fell 1.2% to close at US$172.34 per share. Valued at approximately US$1.79 trillion. HUDA’s share price rose more than 3% during the session, and it once became the fourth-largest listed company in the United States by market value. Its market value is only inferior to Google’s parent company Alphabet’s US$1.84 trillion, Microsoft’s US$3.09 trillion. and Apple’s US$2.89 trillion.

Saxo Bank analyst Peter Garnery said: “Amazon is one of the winners of the current earnings season with an improved outlook, while Huida is benefiting from the first wave of investment in the current AI boom as large capital expenditures drive it into data centres.” Putting in.” ,

After trading in a range in the second half of 2023, Huida’s share price has increased by nearly 50% this year, and its market value has increased by nearly US$600 billion, the largest market value increase in the last seven months of 2023. More than. There are signs of strong demand for Huida’s chips, which are indispensable for the complex computing tasks required for AI applications in data centers.

On the other hand, Amazon has also made a good start this year. The e-commerce giant’s share price rose 8% last week on strong revenue data in last year’s fourth quarter and a better-than-expected profit forecast. The stock price rose rapidly, causing Amazon’s market value to surpass that of Alphabet. Time.

Huida is the last technology giant to announce its financial report this season, which will be released on February 21.

finance(tagstotranslate)huida

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