![nvidia-soaring-market-cap-nears-amazon-and-alphabet,-fueled-by-surging-ai-demand-[techspot]](https://i0.wp.com/upmytech.com/wp-content/uploads/2024/02/167401-nvidia-soaring-market-cap-nears-amazon-and-alphabet-fueled-by-surging-ai-demand-techspot.jpg?resize=800%2C445&ssl=1)
Nvidia soaring market cap nears Amazon and Alphabet, fueled by surging AI demand [TechSpot]
View Article on TechSpot
Nvidia shares closed at $223.37 a year ago today. It is a respectable figure, but was down about $50 compared to where the stock sat in early February 2022. Today, it is trading at $721. That is an increase of more than 221 percent year over year and up nearly 50 percent since the start of 2024.