Gurgaon, Feb. 20 -- Nvidia, ranked third in the US in terms of value, has surpassed Alphabet, Google's parent company. The surge in demand for Nvidia's chips, fueled by the growing interest in artificial intelligence, led to a remarkable increase in the company's stock value. During trading, Nvidia's market capitalization peaked at a record $1.83 trillion, narrowly exceeding Alphabet's $1.81 trillion.

This shift underscores the profound impact of artificial intelligence on technology markets and reflects Nvidia's pivotal position in supplying chips essential for AI-driven applications. The company's ascent highlights the evolving landscape of technology and underscores the growing importance of hardware in supporting advancements in arti...