Nvidia

2024 - 2 - 22

Nvidia's Meteoric Rise in AI Sparks Market Frenzy

AI revolution - Artificial Intelligence - Nvidia - Semiconductor industry - Stock market - Tech stocks

Discover how Nvidia's AI-driven success is dominating the tech industry!

Nvidia, the world's most valuable chip company, experienced a staggering 14% surge in shares following a sales boom driven by the AI 'tipping point.' With AI technology fueling a sales frenzy, Nvidia's chips are instrumental in training massive AI models for tech giants like Microsoft and Meta. The company's CEO boldly stated that AI has hit a pivotal moment, with quarterly revenue more than tripling thanks to the soaring demand for their graphics chips in the AI sector. Nvidia's market value is soaring, inching closer to the remarkable $2 trillion mark as Wall Street is captivated by the AI chip demand outlook.

The semiconductor titan, known for setting the AI industry standard, predicts fiscal first-quarter revenue surpassing expectations, marking the beginning of a 10-year growth cycle powered by AI. Nvidia's strong earnings underscore the rapid expansion of AI across various industries. Despite AI's immense growth potential, supply chain constraints and geopolitical challenges are casting shadows on the semiconductor sector. Amid this tech frenzy, Nvidia's stock performance remains a topic of debate, with investors cautiously eyeing the chipmaker's high valuation metrics amidst its growth trajectory.

In a historic move, Nvidia's record-breaking rally has added an unprecedented $200 billion to the S&P 500, boosting it to a new peak. CEO Jensen Huang's fortune has skyrocketed to nearly $70 billion over five years, reflecting the company's remarkable success in the tech landscape.

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Image courtesy of "Financial Times"

Nvidia shares jump 14% after sales surge on AI 'tipping point' (Financial Times)

World's most valuable chip company predicts even stronger sales on back of artificial intelligence spending frenzy.

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Nvidia shares pop 12% after AI-fueled bumper earnings (CNBC)

Nvidia chips are used to train the huge AI models such as those developed by Microsoft and Meta.

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Nvidia CEO Says AI Has Hit a 'Tipping Point' as Revenue and Profit ... (TIME)

Nvidia's quarterly revenue more than tripled from a year earlier, amid soaring demand for its graphics chips used for AI.

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Nvidia races to $2 trillion mark as AI mania sparks Wall St tech rally (Reuters)

Nvidia inched closer to $2 trillion market value after the bellwether for AI chip demand once again exceeded Wall Street's sky-high expectations, ...

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The rise and rise of Nvidia (CTech)

The semiconductor company, whose chips are considered the gold standard in the AI industry, forecast fiscal first-quarter revenue above estimates after the ...

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Nvidia and an AI 'Tipping Point' Ignites a Market Rally (The New York Times)

Amid blowout earnings, the chipmaker Nvidia predicted the start of a “10-year cycle” of growth fueled by artificial intelligence.

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Jefferies says buy this under-the-radar software stock with ties to ... (CNBC)

Investors looking for ways to play the artificial intelligence frenzy may want to take a look at this little-known software stock doing business with ...

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Nvidia's strong earnings highlight AI's rapid incursion across industries (CIO)

Despite the potential for heightened growth from the swift expansion of AI, supply limitations and broader geopolitical issues troubling the semiconductor ...

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Stock Market Today: Nasdaq, Dow Open Higher; Nvidia Earnings ... (The Wall Street Journal)

Live coverage of stocks and financial news, including the S&P 500, Dow and Nasdaq Composite.

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Nvidia Is a Must-Buy. Or Is It? (The New York Times)

The chipmaker's high “price to sales” ratio reflects investor enthusiasm around its growth prospects. But relying on that metric created trouble during the ...

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Nvidia's $200 Billion Surge Boosts S&P 500 To Record High (Forbes)

Nvidia is on pace to add more market capitalization Thursday than any company in history, according to Bloomberg.

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Nvidia's Record Rally Makes CEO Jensen Huang $9 Billion Richer (Forbes)

Jensen Huang, who cofounded Nvidia in 1993, has seen his fortune surge from about $4 billion to nearly $70 billion over the last five years as shares of his ...

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Nvidia stock hit a new record after an earnings blowout. Here's what ... (Quartz)

Nvidia stock hit a new record after an earnings blowout. Here's what analysts are saying. Some experts see shares of the AI chipmaker soaring to $1,000 or ...

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Nvidia fuels worldwide stock frenzy, bond yields rise (Reuters)

Nvidia's stunning AI-related outlook sparked a worldwide wave of record highs in equity markets on Thursday, including the first new peak for Japan's Nikkei ...

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StockWatch: Nvidia Shares Leap Again after Reporting Record ... (Genetic Engineering & Biotechnology News)

Nvidia finished the fourth quarter of its 2024 fiscal year with record-high revenues and quarterly earnings that beat analyst expectations.

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Dow Jones Today: Nvidia Soars to Record, Boosting Stocks (Investopedia)

Another big earnings beat from Nvidia brightened the mood on Wall Street Thursday, sending stocks soaring in early trading.

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Nvidia Will Be The Next IT Giant To Break $100 Billion In Sales (The Next Platform)

Here is a history question for you: How many IT suppliers who do a reasonable portion of their business in the commercial IT sector – and a lot of that in.

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Nvidia shares surge 15% as bumper earnings drive global stock rally (Financial Times)

European and Japanese markets hit all-time highs after chipmaker's revenues surge 265%

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Top Stock Movers Now: Nvidia, Moderna, Etsy, and More (Investopedia)

The S&P 500 reached an all-time high Thursday, Feb. 22, 2024, as Nvidia led tech stocks higher after its profit, sales, and guidance blew past estimates.

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Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024 (ABC News)

Stocks that are trading heavily or have substantial price changes on Thursday: Nvidia, Royal Caribbean rise; Rivian, Etsy fall.

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Is Nvidia Lagging In High-Growth Automotive Segment? (Forbes)

In its earnings for fiscal Q4, Nvidia reported data center revenue of $18.4 billion. Its automotive revenue was $281 million, lagging its top competitors.

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Nvidia identifies Huawei as top competitor for the first time in filing (Reuters UK)

The Santa Clara, California-based company said that China's Huawei competes in supplying chips designed for artificial intelligence such as graphics processing ...

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Nvidia is beating Amazon and Google — again (Quartz)

The AI chipmaker gained over $270 billion in value on the U.S. stock market after record earnings.

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Nvidia Added $272 Billion in Market Value Thursday, the Largest ... (Investopedia)

Nvidia Corp. (NVDA) recorded the largest-ever single-day jump in market capitalization on Thursday, one day after the chipmaker announced quarterly earnings ...

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What's next for the S&P 500 after hitting a record? Nvidia is the key (CNBC)

Investors are wondering how much longer Nvidia can boost markets, especially with the Federal Reserve still working to tamp inflation down to its 2% target.

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S&P 500, Dow surge to record closing highs as Nvidia sparks AI frenzy (Reuters)

The S&P 500 and Dow Jones Industrial Average both surged to record closing highs on Thursday, powered by investors piling into growth and technology stocks ...

NVIDIA Announces Upcoming Events for Financial Community (NVIDIA Blog)

SANTA CLARA, Calif., Feb. 22, 2024 (GLOBE NEWSWIRE) -- NVIDIA will present at the following events for the financial community: Morgan Stanley Technology, ...

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Stocks bask in tech mania, Nvidia boom (Reuters.com)

Global stock markets are on course on Friday for a week of heady gains as AI darling Nvidia's stunning results sparked a wave of record highs from Asia to ...

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There's No AI Without Nvidia. Meet the CEO Powering the Future (WIRED)

Tech companies can't get enough of this tech company. Earnings are off the charts. WIRED probes the mind of its CEO, Jensen Huang.

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Nvidia vaults to world's fourth-biggest company by market cap on AI ... (Reuters UK)

Chipmaker Nvidia Corp has become the world's fourth largest company by market capitalisation, after a 16.4% surge on Thursday when a quarterly earnings ...

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Nvidia share price up 16%, nears life-time high; Here's how Indians ... (Livemint)

Nvidia's market capitalization nearing $1.9 trillion has exceeded the combined market capitalization of all 30 companies listed on the Sensex.

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Nvidia CEO crowns 'whole new industry' amid 'tipping point' after his ... (Fortune)

Nvidia cofounder Jensen Huang, worth over $60 billion after his $1.9 trillion AI giant reported blowout earnings, says AI is “a whole new way of doing ...

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Nvidia Powers Markets To New Highs (Forbes)

The story of the day, week, month and past year has been Artificial Intelligence (AI) and Nvidia is at the heart of AI with its chips.

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Nvidia names Huawei a top competitor in major areas including AI ... (CNN)

Nvidia has named Huawei a top competitor in a number of areas, including in the crucial production of processors that power artificial intelligence (AI) ...

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SPY ETF Reaches Record High Amid Nvidia-Fuelled AI Rally—Key ... (Investopedia)

The SPDR S&P 500 ETF Trust closed at a record high Thursday, buoyed by a rally in AI-related mega-cap stocks after Nvidia's blowout earning's report.

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Nvidia hits $2 trillion valuation as AI frenzy grips Wall Street (Reuters)

Nvidia hit $2 trillion in market value on Friday, riding on an insatiable demand for its chips that made the Silicon Valley firm the pioneer of the ...

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Nvidia Tops $2 Trillion Market Value For First Time Ever (Forbes)

Just five years ago, Nvidia was worth more than $700 billion less than both Google and Amazon — now it's about $200 billion bigger than both companies.

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Nvidia Surpasses $2 Trillion Valuation on Insatiable AI Chip Demand (The Wall Street Journal)

Chip maker has become one of the most valuable U.S. companies, trailing only Microsoft and Apple.

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How Nvidia's AI strengths are enhancing the businesses of Alphabet ... (CNBC)

Nvidia mentioned a host of portfolio tech giants in its post-earnings conference call Wednesday evening.

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Nvidia briefly surpasses $2 trillion in market cap during intraday ... (CNBC)

Shares of the company have continued to rally following its rosy earnings report Wednesday. Nvidia posted $22.10 billion in revenue for its fiscal fourth ...

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Nvidia's Market Cap Tops $2 Trillion (Investopedia)

Nvidia shares rose more than 4% at the open Friday, propelling its market capitalization above $2 trillion.

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With Nvidia at record highs, here's an options trade to protect ... (CNBC)

Although investors' thirst for Nvidia seems insatiable, the opportunity for the stock to back-and-fill should present itself.

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Nvidia triggers rally in semiconductor stocks; ASM Tech locked at 10 ... (Livemint)

The AI chipmaker returned as the third most valuable US company on February 22 adding a record $277 billion to its market capitalisation and bringing its ...

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Why has Nvidia driven stock markets to record highs? (The Guardian)

What you need to know about the company, its importance to AI and whether the stock market boom is sustainable.

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US chipmaker Nvidia hits $2tn value amid artificial intelligence boom (The Guardian)

Company blows past Wall Street's expectations with 265% jump in sales after hailing 'tipping point' for AI.

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AI chip firm Nvidia valued at $2tn (BBC News)

Booming business at Nvidia sees investors bet the AI revolution will live up to its "hype".

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How the AI boom catapulted Nvidia into tech's big league (Financial Times)

The chip designer's bumper earnings have made it one of the world's most valuable companies. How long can it last?

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