Thomas Johannes Look’s Post

Nvidia crossed $3 trillion in market capitalization and passed Apple yesterday to become the U.S. stock market's second-most valuable company as it closed at another record high. Demand for Nvidia's chips, which are used to power AI processing, shows no sign of letting up. The stock has soared ~147% this year, adding about $1.8T in value. CEO Jensen Huang has said AI is a "new Industrial Revolution" and he expects Nvidia to be one of the key players in the boom. The chipmaker's market cap now trails only Microsoft.

NVIDIA proves it again with Q3 results. AI in full steam. Nvidia may well be a 10 Trillion USD Company 1) Q3 revenue is 35 billion USD, a 17% increase over the previous quarter and a 94% increase over the same quarter last year. Wall Street expected around 33 billion USD. This is a big beat. 2) Q4 revenue expected to be around 37 billion USD 3) Nvidia business operates at gross margins of 70% plus... 4) Nvidia stock is up 2,600% in the last five years and almost 200% in the current year Let this sink in!! Stock is a bit down after the results. It is possibly very temporary. (Not a financial advice)

Nvidia — the undisputed winner of the past year's AI stock boom — passed Apple to become the second-most valuable public company as of Wednesday's market close. The chipmaker's market cap passed $3 trillion for the first time, putting the company a hair above Apple and behind only Microsoft. Its stock, which has jumped more than 147% for the year, is the strongest force lifting the S&P 500. Nvidia's profit margins are the envy of the corporate world — it made $14.9 billion of net income on revenue of $26 billion last quarter, Axios' Felix Salmon writes. By contrast, Nvidia's net income was just $0.7 billion in the final quarter of 2022. Nvidia produces top-of-the-line chips needed to train AI models and for other cutting edge tech.

Nvidia exceeded investor expectations with its quarterly report, showcasing a remarkable increase in revenue for its data center division. Despite concerns about market cycles and competition, the company's strong earnings growth and high operating margins eased valuation worries. However, managing expectations remains a challenge amongst speculation about its future, with some investors betting on a significant stock price increase. While Nvidia's AI boom appears sustainable, speculation could lead to misjudgments.

Nvidia value hits $3tn, overtaking Apple BY JORDI BOU June 6, 2024 - Nvidia’s market has surged past $3tn to overtake Apple as the world’s second most valuable company, following a year of incredible growth driven by demand for its artificial intelligence chips. The chipmaker’s stock was up 5.16% at $1,224.40, giving Nvidia a market value of $3.01tn at market close. Apple’s market capitalization was at $3.00tn at market close as its stock climbed 0.78%. On June 5, the chipmaker’s shares rose 5.2% to close at a record $1,224.40, pushing the market value to more than $3 trillion and overtaking Apple in the process. Nvidia’s data centre chips power the AI models that chief executive Jensen Huang has claimed will spur a new “industrial revolution”, transforming global business with productivity-enhancing features.

Chipmaker Nvidia's (NVDA) market capitalization hit the $2 trillion mark, fueled by robust demand for AI chips, during the intraday trading on Friday morning. Nvidia is the third U.S. company to surpass the $2 trillion milestone and is currently below Apple (AAPL) with a market value of $2.83 trillion and Microsoft (MSFT) with a market capitalization of $3.06 trillion. This comes a day after it added $273 billion in its market value, driven by its earnings report which revealed a 769 percent increase in fourth-quarter profit and a 580 percent jump in full-year profit compared to the previous year. The Santa Clara-based company posted revenue of $22.10 billion for the fourth quarter, a 265 percent increase from a year ago. #usanews #technology #technologynews #microsoft #apple #nvidia #nvidiastock #stockalert #stockmarketnews #artificialintelligence #generativeai #semiconductor #semiconductorindustry #chipmanufacturing

Nvidia became the second most valuable company in the world on Wednesday afternoon as its market capitalization hit $3.01 trillion. With just another 5% move higher in its current share price, it will take away the crown from Microsoft and become the most valuable company. It might happen by the end of the week, before its 10:1 stock split on Monday. It became a $1 trillion company in May 2023, hitting $2 trillion in February this year, now $3 trillion just 4 months later. The company reported $14 billion in profit in May. Its AI accelerators make up between 70% and 95% of the market share for AI chips. Nvidia has plans to launch a new AI chip every year. It is the first company since 2000 to achieve this level of exponential growth without the network effects. https://lnkd.in/gzshT4tH

Pop… The largest loss *ever* was just recorded as NVIDIA declined USD 646 billion. Over 3 days NVIDIA has lost 13% of market value. To put things into perspective, the total Gross Domestic Product of Switzerland is USD 808 billion (source: Worldometers, 2024). Due to the heavy weighting of NVIDIA many of the US indices are also down. Since 2023, the “AI narrative” has driven much of the returns of the S&P 500 and NASDAQ. Certainly, AI will have a profound impact on all aspects of technology though do the current returns make sense with the Shiller Price/Earnings Ratio still at record highs? I’m sure many will be watching to see if this is a small pullback or something more severe. Please feel free to follow for daily short financial updates. Not financial advice of course 😊.

Pop… The largest loss *ever* was just recorded as NVIDIA declined USD 646 billion. Over 3 days NVIDIA has lost 13% of market value. To put things into perspective, the total Gross Domestic Product of Switzerland is USD 808 billion (source: Worldometers, 2024). Due to the heavy weighting of NVIDIA many of the US indices are also down. Since 2023, the “AI narrative” has driven much of the returns of the S&P 500 and NASDAQ. Certainly, AI will have a profound impact on all aspects of technology though do the current returns make sense with the Shiller Price/Earnings Ratio still at record highs? I’m sure many will be watching to see if this is a small pullback or something more severe. Please feel free to follow for daily short financial updates. Not financial advice of course 😊.

AI is the top focus of many investors. Nvidia Corp.’s relentless rally has propelled the semiconductor giant’s market capitalization over its mega-cap tech peers, helping it clinch the title of the world’s most-valuable company as the artificial intelligence wave continues. Shares rose as much as 3.4% to about $3.3 trillion on Tuesday, catapulting it over Microsoft Corp. and Apple Inc. The top stocks have jockeyed all month for the pole position, with Nvidia edging past its big-tech peers.