Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Tech

Nvidia nears market milestone, set to overtake Amazon in value

Published

on

Nvidia is on the verge of achieving another significant milestone in the market, as the chip maker rides the wave of AI.

With a current market value of approximately $1.8 trillion, Nvidia is poised to surpass Amazon.com as the fourth most valuable company in the United States, according to data from Dow Jones Market Data.

Amazon’s market value stands at $1.76 trillion as of the latest figures.

The impending achievement marks a remarkable shift in fortunes since the last time Nvidia held a higher market value than Amazon.

This occurred in April 2002, a time when both companies were valued at less than $6 billion.

Amazon opens first physical fashion retail store | Reuters

Tech growth

The substantial growth in Nvidia’s market value underscores the evolution of the tech industry and Nvidia’s pivotal role within it.

From its origins as a niche player to its current position as a key player in multiple sectors including gaming, data centers, and artificial intelligence, Nvidia has experienced a remarkable ascent.

The milestone not only reflects Nvidia’s own success but also highlights the dynamic nature of the market and the shifting fortunes of major corporations.

As Nvidia closes in on Amazon’s market value, it signifies a significant shift in the hierarchy of the U.S. market and underscores the ever-changing landscape of the tech industry.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

Continue Reading

Tech

China EV maker NIO reveals advanced battery swapping solution

Published

on

Since 2018, Chinese EV manufacturer NIO has emerged as a leading advocate for battery-swapping.

Battery swapping, also known as battery switching, is a technology for electric vehicles where a discharged battery pack can be quickly exchanged for a fully charged one, providing an alternative to recharging the vehicle at a charging station.

Mike Costello from Cox Automotive joins to discuss all the latest EV updates.

Continue Reading

News

Microsoft recalls ‘Recall AI’ feature over security fears

Published

on

Microsoft has announced a postponement in the release of its new Recall AI feature, citing significant security concerns raised during internal testing.

Among the excitement of Apple’s big AI announcement, Tesla CEO Elon Musk revealed his intention to ban Apple devices from his companies if Apple integrates its operating system with OpenAI’s technology, as reported by Reuters.

Musk’s statement came amid rising tensions between the tech giants over artificial intelligence integration and its implications for user privacy and data security.

Dr. Karen Sutherland from UniSC joins to discuss the latest with Apple’s AI reveal and its future implications. #featured #trending

Continue Reading

Trending Now