Nvidia is a company that makes special computer chips for running AI, which are machines that can think and learn like humans. Nvidia's stock price went above $1000 per share, making it very valuable. Another company called AMD also makes these chips, but not as well as Nvidia. When Nvidia does well, it helps AMD too, so their shares also go up in value. People are excited about the future of AI and think that both companies will keep doing well. Read from source...

1. The article is titled "Nvidia Stock Zooms Past $1000, Lifts AMD Shares: What's Powering AI Chip Plays Premarket?", but the main focus seems to be on Nvidia's stock price rather than the underlying factors driving the AI chip market.
2. The article quotes John Vinh of KeyBanc Capital Markets, who predicts that "Nvidia is in a great spot for the next few years." This statement is vague and unsubstantiated, as it does not provide any evidence or reasoning behind this claim. It also seems to be based on personal opinion rather than objective analysis.
3. The article mentions that Nvidia's market capitalization would reach approximately $2.48 trillion if premarket gains hold good, and compares it to Apple's market cap of $2.93 trillion. This comparison is irrelevant and misleading, as it does not take into account the different industries and markets that each company operates in.
4. The article discusses AMD's progress in the AI chip race, but does not provide any specific details or examples of how its MI300 accelerators are performing or contributing to the field. It also implies that Nvidia is far ahead of AMD, without providing any evidence to support this claim.
5. The article ends with a photo by Evolf on Shutterstock, which seems to be unrelated to the content and topic of the article. This adds no value or credibility to the piece, and appears to be an arbitrary addition.