Nvidia overtakes Alphabet, one day after eclipsing Amazon

There seems to be no stopping Nvidia's scorching rally. The day after surpassing the market value of Amazon, the chip giant has now overtaken Alphabet as well. Shares of Nvidia rose 2.5% on Wednesday, closing with a market capitalization of about 1.83 trillion, and topping the search giant's value of roughly 1.82 trillion, data shows. With the gain, the chipmaker has become the world's fourth-most valuable company. Saudi Aramco, valued at about 2 trillion, looms as the next milestone.