Nvidia rewrites history once again: +$442 BILLION in market capitalization in a single day!
If you thought the market had already exhausted its AI excitement, Nvidia is here and simply destroys every possible skeptical theory. Yesterday, the company’s shares surged by +8.74%, adding a record $442 billion to total value in just one trading session.
This is officially the second-largest single-day gain in stock market history (second only to Microsoft’s recent jump of $450 billion).
What became the main fuel for this rocket:
• The forecast smashes expectations: Nvidia set a revenue growth forecast for the next fiscal year at ~70%, compared with Wall Street analysts’ estimates of 44–45%.
• Data Center is in charge: Out of total revenue of $96.2 billion in Q2, AI chips and data centers accounted for an incredible $89 billion.
• Total capitalization: Nvidia’s total market value has neared $5.5 trillion.
The daily increase from just this one company exceeds the market value of almost every individual constituent in the S&P 500 index.
The global AI rally continues to fuel risk assets across the board. Do you think there will be enough of this positivity for a major breakthrough for Bitcoin and the AI sector in crypto? #NVIDIA
#NvidiaRises8.74%AfterEarnings
$NVDAB
If you thought the market had already exhausted its AI excitement, Nvidia is here and simply destroys every possible skeptical theory. Yesterday, the company’s shares surged by +8.74%, adding a record $442 billion to total value in just one trading session.
This is officially the second-largest single-day gain in stock market history (second only to Microsoft’s recent jump of $450 billion).
What became the main fuel for this rocket:
• The forecast smashes expectations: Nvidia set a revenue growth forecast for the next fiscal year at ~70%, compared with Wall Street analysts’ estimates of 44–45%.
• Data Center is in charge: Out of total revenue of $96.2 billion in Q2, AI chips and data centers accounted for an incredible $89 billion.
• Total capitalization: Nvidia’s total market value has neared $5.5 trillion.
The daily increase from just this one company exceeds the market value of almost every individual constituent in the S&P 500 index.
The global AI rally continues to fuel risk assets across the board. Do you think there will be enough of this positivity for a major breakthrough for Bitcoin and the AI sector in crypto? #NVIDIA
#NvidiaRises8.74%AfterEarnings
$NVDAB
