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Nvidia's market value surpasses Meta, Amazon, and AMD combined, driven by booming AI chip sales.

Market News
06 Oct 2026
24/7 Wall Street
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Bullish
Nvidia's market value surpasses Meta, Amazon, and AMD combined, driven by booming AI chip sales.

Nvidia's market capitalization reached $5.841 trillion on October 6, 2026, exceeding the combined value of Meta, Amazon, and AMD. The company's strong financial performance includes a 105.85% revenue increase year-over-year to $96.22 billion in Q2 fiscal 2027 and a net income of $59.69 billion, outperforming its major rivals. Nvidia's growth is fueled by its data center sales, especially in AI chips, with demand outstripping supply. The company forecasts continued revenue growth, supported by new chip platforms and strong orders from major cloud providers, despite some risks like rising memory prices and competition from Amazon's Trainium chips.

Nvidia's market value surpassing Meta, Amazon, and AMD combined highlights its dominant position in tech. On Pluang as of Oct 06, 2026 23:01 WIB, Nvidia trades at USD 241.63 with a market cap of $5.77 trillion and a 1-day gain of 1.14%. Meanwhile, Meta is priced at USD 741.60 with a market cap of $1.89 trillion, down slightly by 0.04%, and Amazon trades at USD 255.22, up 1.52% with a $2.71 trillion market cap. This shows strong investor interest in Nvidia compared to its peers.

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