Thursday’s M-Cap rally by Nividia was Wall Street’s largest one-day gain for a single company in history after the heavyweight chipmaker’s quarterly report beat expectations and reignited a rally fuelled by optimism about artificial intelligence.
By ET Bureau |
Agencies
Nvidia briefly hit $2 trillion in market value for the first time on Friday
Nvidia briefly hit $2 trillion in market value for the first time on Friday, a day after adding $277 billion in stock value. Thursday’s M-Cap rally by Nividia was Wall Street’s largest one-day gain for a single company in history after the heavyweight chipmaker’s quarterly report beat expectations and reignited a rally fuelled by optimism about artificial intelligence.
1. $277 Billion SINGLE-DAY GAIN MORE THAN MCAP OF TOP 3 INDIAN COMPANIES...
2. ...EXCEEDS GDP OF COUNTRIES SUCH AS
3. NVIDIA’S THURSDAY’S MCAP GAIN WAS MORE THAN META PLATFORMS’ $196 B JUMP ON FEB. 2
4. NVIDIA NOW WORLD’S 4TH LARGEST COMPANY BY M-CAP
5. NVIDIA’S STOCK HAS NOW CLIMBED 58% IN 2024, CO LEADS THE CHARGE
Amazon in talks to sell custom AI chips in bid to cut Nvidia’s dominance2026-06-18T17:56:04Z
