Nvidia is now worth more than Intel

TechSpot:

Thanks to a recent surge in its stock price, Nvidia has overtaken Intel to become the most valuable chipmaker in the US. Following a 2.3 percent jump yesterday afternoon, team green’s shares have now reached $408, putting its market cap at $251.3 billion, ahead of Intel’s $248.1 billion.

Interesting, granted, but I do take exception to the phrase “most valuable chipmaker in the US”.

By that logic, the most valuable chipmaker in the US would be Apple. By far. After all, TSMC makes Nvidia’s chips, and they make Apple’s Arm SoC’s as well. But Intel makes their own chips. Let’s let them keep the crown.