Nvidia Gains $442B in Market Value
NVIDIA, the leading company in artificial intelligence, added $442 billion to its market value on Thursday, with an 8.7% increase in its stock price, marking the second-largest daily gain in stock market history. This rise came after NVIDIA announced strong revenue forecasts for its upcoming fiscal year, expecting 70% growth surpassing market expectations of 45%. It is now the world's most valuable company, with a market capitalization of nearly $5.5 trillion. These results reflect great confidence in the sustained robust growth of the artificial intelligence sector.
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