@lrp - You should read more.
https://finance.yahoo.com/news/nvidia-market-value-tops-800-153350909.html
"The day’s initial advance resulted in the valuation briefly moving above $800 billion, though it ended with a market capitalization of about $766 billion. Nvidia is the seventh-largest member of the S&P 500, behind Meta Platforms Inc., the company formerly known as Facebook, which has a market valuation of $932.9 billion.
Some of Nvidia’s recent rally can be attributed to Meta, which last month announced a new corporate focus on the metaverse, a digital environment accessed with virtual reality tools that rely on high-powered processors. Meta is investing billions into this initiative and Nvidia is expected to be a key beneficiary.
The new focus is “right in Nvidia’s wheelhouse, and for Facebook to put its weight behind this theme is helping Nvidia a lot,” said Deepon Nag, senior research analyst for technology hardware at ClearBridge Investments."