While the entire capitalization of Coca-Cola does not exceed $265 billion.
As some analysts rightly point out, during the so-called “gold rush” in the United States in the second half of the nineteenth century, it was not so much the miners who got richest as the sellers of tools and equipment for gold mining. A similar situation is observed now, only NVIDIA acts as a seller of tools, and the gold rush has been replaced by a boom in artificial intelligence systems.
By morning, Reuters summed up the results of the first trading session after NVIDIA published its quarterly report, and was able to note that, along with an increase in the stock price by 16.4%, the company's capitalization was able to grow by $277 billion to $1.96 trillion. There is very little left until the psychologically important milestone of $2 trillion, but NVIDIA has already become the third largest company by capitalization on the American stock market.
Image source: NVIDIA
In general, $277 billion in one trading session is a record increase for the American stock market; this amount in itself covers the entire capitalization of the Coca-Cola company, for example. In total, since the beginning of the year, NVIDIA shares have grown by 58%, providing more than a quarter of the growth of the $&P 500 index. During yesterday's trading session, the volume of transactions in NVIDIA shares reached $65 billion. Analysts at Rosenblatt Securities, for example, raised the forecast for the stock price to $1,400 per share, implying the ability of NVIDIA's capitalization to rise to $3.5 billion. Yesterday's trading closed at $785.38, but at the time of preparation for publication the rate had risen to $798.90.