- 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 has overtaken Intel for the first time as the most valuable U.S. chipmaker.
The AI bubble has been pretty amazing for NVidia!