on California based NVIDIA's market capitalization is now bigger than the sex market gap. My colleague Sakshi Bajaj explains what can be bigger than the sex market cap that is a market cap larger than all 30 listed companies on the VA sense combined, it is a market cap of California based chip maker NVIDIA, and just how did this happen? It happened after NVIDIA's Q for revenues jumped more than threefold, to $22.1 billion after demand for with chips used in a computing beat expectations. And why is this interesting? It is because this has once again put the spotlight back on the A. I frenzy and the recent technology industry obsession with large artificial models altogether, as well as raising questions on the scope and future of the A I era. Once again with this milestone and video has now become the third most valuable US company after Microsoft and Apple, and searched past Amazon and Google parent alphabet. NVIDIA has also topped Meta's record, with $277 billion surge in value in a single day and for the times ahead, it is important to note that NVIDIA controls about 80% of the high end a I chip market
