Amazon becomes fifth U.S. company to reach $2 trillion valuation, thanks to AI

Amazon reached a $2 trillion valuation after Wall Street investors pushed the retail giant’s stock past that elusive threshold Wednesday.

Amazon joins Alphabet , Apple, Microsoft and Nvidia — all major technology companies based in the U.S. — as the fifth company to reach a $2 trillion valuation. Nvidia, which develops graphics processors had its market value soar from $2 trillion to $3 trillion in just over three months, joining Apple and Microsoft as companies that have reached a $3 trillion valuation.

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