https://finance.yahoo.com/news/nvid...o-in-us-market-191207506.html?.tsrc=fin-notif Nvidia stock crosses $3 trillion market cap, overtakes Apple as second-largest co. in US market
We have seen this with how many companies. A select few. ..one being tesla back some years ago. Stock was hot hot hot. Predictions for 2 and 3 trillion dollar market capitalization was being tossed around non stop as share rallied and rallied. Everyone wanted in. Now the stock is sitting pretty under 1 trillion as it lost half its value. Everyone is buying Nvidia not realizing that the gravy train eventually comes to a halt. It happens to every company and Nvidia will be one just like the others.....the fear of missing out is getting a bit much. Now with a split the outstanding shares will be nearly 25 billion. That's an insane amount of shares ...so every 10 dollar move now is adding a quarter trillion in market cap alone....
Last 5 days nvda has added 194 billion in market cap. An entire McDonald's in 5 days!! Mcdonalds Founded in 1955. Has taken nearly 70 years to establish a market capitalization of nearly $200 billion. .... 70 long long long long yrs!!!!!! Nvidia added this amount of market cap in just 5 days
A very interesting video, this actually is something everyone needs to watch and understand. He mentions if major players start to hold back on buying the chips and demand drops, chip prices and margins will plummet substantially which will cause some crazy ripple effects .... Nvda vs csco Interesting facts comparing csco esrnings from 20 yrs ago also at 2:24 he talks about msft nvda apple google and amazon make up an astonishing 27% of the s&p
Nvda added an entire IBM in the first few hours of overnight trading tonight Just to let you know...IBM founded In 1911... Over 110 yrs on planet earth for IBM to reach a $150 billion market cap Nvda added that entire market capitalization in 110 minutes!!!!!
If you've ever built a PC that requires a high end graphics card you would know how far ahead of AMD, Intel, etc. that nVidia is. Even in workstation cards (mainly for the CAD industry where Autodesk was supreme) before the the advent of AI, nVidia's cards were miles ahead of AMD's Radeon offerings. Ironically they were code named Tesla before the Hopper & Blackwell cards.
Yep found it Yes I heard that this afternoon when he mentioned that it was going to $250 a share Eric Jackson said that it was going to a 6 Trillion dollar market ... 70x PE 6 Trillion market cap. 250 a share.... . With all this risk free money coming from from nvda and now this guy predicting a 100% gain in next 6 months they should just throw this stock into the dow 30 and mint the masses unlimited free money.....