Nvidia Tops Meta Record With $277 Billion Surge in Value
- Chipmaker’s stock jumps to record high after blowout results
- AI spending spurred Nvidia’s estimate-topping outlook
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Nvidia Corp.’s surge to an all-time high is the biggest single-session increase in market value in history, besting Meta Platforms Inc.’s historic gain just three weeks ago.
Shares of the chipmaker jumped 16% Thursday, adding about $277 billion in market capitalization and bringing its total market value near $2 trillion. The addition eclipsed the $197 billion gain made by Facebook-parent Meta at the start of the month.