(NVDA) Nvidia Tops Meta Record With $277 Billion Jump in Value

Nvidia Corp.'s stock has surged to an all-time high, marking the biggest single-session increase in market value in history. This surpasses the previous record set by Meta Platforms Inc. just three weeks prior. The shares of the chipmaker jumped 16% on Thursday, adding about $277 billion in market capitalization and bringing its total market value near $2 trillion.

This significant increase in Nvidia's market value was spurred by AI spending and the company's estimate-topping outlook. The company's stock jump and record-high results indicate that the AI party is just getting started, according to Dan Ives. The addition of market value eclipsed the $197 billion gain made by Facebook-parent Meta at the start of the month.

Key takeaways

Nvidia Corp.'s stock has surged to an all-time high, marking the biggest single-session increase in market value in history.
This surge bests the historic gain made by Meta Platforms Inc. just three weeks ago.
Shares of the chipmaker jumped 16% on Thursday, adding about $277 billion in market capitalization.
The surge brings Nvidia's total market value near $2 trillion, eclipsing the $197 billion gain made by Facebook-parent Meta at the start of the month.

(NVDA) Nvidia Tops Meta Record With $277 Billion Jump in Value

Key takeaways

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