Nvidia is now worth almost as much as Amazon | Digital Trends

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Nvidia is now worth more than $1 trillion, nearly as much as Amazon, and that puts gamers in a tough spot.

Nvidia is now one of only six companies worth more than $1 trillion. It joins the list among Apple, Microsoft, Saudi Aramco, Alphabet, and Amazon, marking a significant milestone as Nvidia rides a wave of generative AI brought on by ChatGPT.

Related None of this, or at least a very insignificant part of it, has to do with Nvidia gaming graphics cards. It’s mostly on the back of AI, which has seen Nvidia catapult to the forefront of this emerging tech. As we learned a few months ago, it was thousands of Nvidia GPUs that drove the AI model behind ChatGPT.

With that business booming, it’s hard to expect Nvidia to lower prices when it already has an overwhelming lead in gaming and it’s seeing less money from that segment. The RTX 4090 is a prime example of that. It uses the AD102 GPU, which is the same GPU inside the Nvidia L40 and RTX 6000, both of which are data center GPUs. The RTX 6000 is around $2,000, while the L40 sells for $8,000 or more. Nvidia probably wants to use its chip where it can make the most money.

 

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