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On Jan. 27, Nvidia (NASDAQ: NVDA) fell 17%, erasing over $590 billion from its market cap. It marked the greatest single-day market-cap destruction for a company in U.S. stock market history.
Nvidia's shares traded at over $531 per share, and its market capitalization was valued at over US$328.7 billion in January 2021. As of late Q3 2024, Nvidia's market cap is around US$2.98 trillion. [151] [152] For the Q2 of 2020, Nvidia reported sales of $3.87 billion, which was a 50% rise from the same period in 2019.
The surprise success of a Chinese AI startup is hammering U.S. tech stocks. That includes Nvidia, the California chip behemoth that has added nearly $3 trillion in market capitalization over the ...
Can Nvidia's Blackwell chips propel it past Apple to become the world's most valuable company?
But Beth Kindig, lead tech analyst at the I/O Fund, sees more astronomical gains in the coming years, predicting Nvidia's market cap will surge another 270% to $10 trillion. As of Friday's close ...
The climb comes just a day after Nvidia surpassed Amazon. Nvidia, as of 11:00 a.m. EST Thursday, boasts a market cap of $1.8 trillion. (Alphabet sits at $1.77 trillion and Amazon is at $1.75 ...
Nvidia’s rise has been astronomical—it’s grown its market capitalization from $1.1 trillion to $3.1 trillion in the past 12 months—and a tech investor who predicted the early success of ...
Nvidia hit a $1 trillion market capitalization at the open of trading in U.S. markets Tuesday, joining a small club of mostly technology companies. Nvidia’s shares have to hold above $404.86 to ...