U.S. Stock Movement | NVIDIA rises nearly 5%, becoming the first publicly traded company with a market value exceeding $5 trillion
On Wednesday, NVIDIA opened nearly 5% higher, with a total market capitalization surpassing $5 trillion, becoming the first publicly traded company in history to reach this milestone, having accumulated over 57% growth this year. NVIDIA's market capitalization crossed from $4 trillion to $5 trillion in just 113 days, while it took 410 days to move from $3 trillion to $4 trillion. The total market capitalization of $5 trillion has already exceeded the total market capitalization of countries like the UK, France, and Germany, and this figure is approaching the total value of the Indian stock market ($5.3 trillion). On the news front, Jensen Huang stated at a press conference that Blackwell and the updated generation of Rubin chips are driving the company into an unprecedented sales growth cycle. Huang also refuted concerns about a bubble in the artificial intelligence market, stating that the company's latest generation of chips is expected to generate up to $500 billion in revenue over the next few quarters. Goldman Sachs' latest research report pointed out that the $500 billion scale is significantly higher than Wall Street's expectations. This target is 12% higher than the $447 billion consensus reflected by the Visible Alpha Consensus Data and also 10% higher than Goldman Sachs' forecast of $453 billion
According to Zhitong Finance APP, on Wednesday, NVIDIA (NVDA.US) opened nearly 5% higher, with a total market capitalization surpassing $5 trillion, becoming the first publicly traded company in history to reach this milestone, having increased over 57% this year. NVIDIA's market capitalization crossed $5 trillion from $4 trillion in just 113 days, while it took 410 days to go from $3 trillion to $4 trillion. The total market capitalization of $5 trillion has already exceeded the total market capitalization of countries like the UK, France, and Germany, and this figure is approaching the total value of the Indian stock market ($5.3 trillion).
In terms of news, Huang Renxun previously stated at a press conference that Blackwell and the updated generation of Rubin chips are driving the company into an unprecedented sales growth cycle. Huang also refuted concerns about a bubble in the artificial intelligence market, stating that the company's latest generation of chips is expected to generate up to $500 billion in revenue over the next few quarters.
Goldman's latest research report pointed out that the $500 billion scale is significantly higher than Wall Street's expectations. This target is 12% higher than the $447 billion consensus reflected by the Visible Alpha Consensus Data, and also 10% higher than Goldman's forecast of $453 billion
