mixed
Nvidia Value Swings $1 Trillion in Just Two Days Amid AI Fervour
Nvidia’s market cap swung a jaw-dropping $1 trillion in just 54 hours, after its blowout earnings were followed by a rapid profit-taking sell-off. The chipmaker initially gained around $450 billion as AI demand fueled investor optimism, but then slumped, shedding $600 billion as sentiment cooled.
The gyrations have reignited concerns of an AI valuation bubble, even as Nvidia’s fundamentals remain strong.
Companies:
- Nvidia
Tags:
- stocks
- nvidia
M• By Harsh Ranjan
Explore:High Return Equity Mutual Fund
mixed
Nvidia Value Swings $1 Trillion in Just Two Days Amid AI Fervour
Nvidia’s market cap swung a jaw-dropping $1 trillion in just 54 hours, after its blowout earnings were followed by a rapid profit-taking sell-off. The chipmaker initially gained around $450 billion as AI demand fueled investor optimism, but then slumped, shedding $600 billion as sentiment cooled.
The gyrations have reignited concerns of an AI valuation bubble, even as Nvidia’s fundamentals remain strong.
Companies:
- Nvidia
Tags:
- stocks
- nvidia
M• By Harsh Ranjan
Explore:High Return Equity Mutual Fund
1 min read
60 words
Nvidia’s market valuation surged and collapsed by $1 trillion in days, raising bubble fears despite its solid earnings.
Nvidia’s market cap swung a jaw-dropping $1 trillion in just 54 hours, after its blowout earnings were followed by a rapid profit-taking sell-off. The chipmaker initially gained around $450 billion as AI demand fueled investor optimism, but then slumped, shedding $600 billion as sentiment cooled.
The gyrations have reignited concerns of an AI valuation bubble, even as Nvidia’s fundamentals remain strong.
Nvidia’s market cap swung a jaw-dropping $1 trillion in just 54 hours, after its blowout earnings were followed by a rapid profit-taking sell-off. The chipmaker initially gained around $450 billion as AI demand fueled investor optimism, but then slumped, shedding $600 billion as sentiment cooled.
The gyrations have reignited concerns of an AI valuation bubble, even as Nvidia’s fundamentals remain strong.
Companies:
- Nvidia
Tags:
- stocks
- nvidia
- stocks
- nvidia
- ai
- markets
- volatility