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المشهد العربي
NVIDIA's Market Cap Grows by $442B
Nvidia achieved record gains, adding $442 billion to its market value in a single session, after its stock rose by more than 8.75% following outstanding quarterly earnings that surpassed expectations. The stock closed at $227.98, raising its total market capitalization to $5.52 trillion and making it one of the world's largest companies by valuation. This represents the second-largest daily gain for publicly traded companies globally, after Microsoft's gains a month earlier. This surge is attributed to the doubling of the company's revenues and profits during the second quarter of the fiscal year, driven by increased demand for AI chips for data centers.
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