- Nov 14, 2011
(Reuters) - Nvidia (NVDA.O) has overtaken Intel (INTC.O) for the first time as the most valuable U.S. chipmaker.
In a semiconductor industry milestone, Nvidia’s shares rose 2.3% in afternoon trading on Wednesday to a record $404, putting the graphic component maker’s market capitalization at $248 billion, just above the $246 billion value of Intel, once the world’s leading chipmaker.
Nvidia <NVDA.O> has overtaken Intel <INTC.O> for the first time as the most valuable U.S. chipmaker.
The AI bubble has been pretty amazing for NVidia!