Nvidia closes in on the $1 trillion market-cap club as the chipmaker's stock pops on glowing forecasts driven by the AI boom
Make room, Apple, Microsoft and Alphabet! A potential new entrant is knocking on the doors of the exclusive club of trillion-dollar market-cap companies.
The after-hours jump in Nvidia's shares boosted its effective market capitalization by about $190 billion toward $950 billion, according to Insider calculations based on Refinitiv data. Nvidia CEO Jensen Huang said the company is"significantly increasing our supply to meet surging demand" for its data center products.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Nvidia surge boosts Nasdaq futures while debt-ceiling debacle damps DowU.S. stock futures were mixed as Nvidia results boosted tech but debt-ceiling concerns weighed on the Dow.
Leer más »
Nvidia barrels toward rare $1 trillion valuation after putting a dollar figure on AI boostNvidia Corp. could be within sight of becoming only the seventh U.S. company to top a valuation of $1 trillion after an audacious, AI-charged forecast.
Leer más »
Nvidia shares soar nearly 30% as sales forecast jumps and AI boomsNvidia Corp on Wednesday forecast second-quarter revenue more than 50% above Wall Street estimates, and said it is boosting supply to meet surging demand for its artificial-intelligence chips, which are used to power ChatGPT and many similar services.
Leer más »
Nvidia CFO on record-breaking forecast: 'The inflection point of AI is here'OPINION: Nvidia CFO Colette Kress tells columnist tpoletti that generative AI is 'the app of all apps' as she predicts record revenue.
Leer más »
Literally no one wants to buy Nvidia’s RTX 4060 Ti | Digital TrendsA damning new report says there is zero consumer interest in Nvidia’s RTX4060Ti GPU, with only one person bothering to show up to its launch in Japan.
Leer más »
U.S. stocks open mostly higher as Nvidia drives tech rallyU.S. stock indexes opened mostly higher after Nvidia gave stronger-than-expected revenue forecast for its fiscal second quarter, while the Dow Jones Industrial Average was off 55 points, or 0.2%, to 32,744:
Leer más »