Source: Cailian
Financial Union, October 29, artificial intelligence chip maker Nvidia's share price rose 3.2% at the opening, with a market value of US$5 trillion, becoming the first listed company in history to exceed this milestone, reaching an astonishing 5.05 trillion. Nvidia's total market value jumped from US$4 trillion to US$5 trillion in just 113 days, while it took 410 days to go from US$3 trillion to US$4 trillion. The total market value of US$5 trillion has long exceeded the total market value of the stock markets of Britain, France, Germany and other countries. This figure is approaching the total value of the Indian stock market (US$5.3 trillion). Shares of the Santa Clara, California-based company have rebounded more than 135% from their April lows and increased its market value by $2.9 trillion. The company's shares have risen 54% this year.
At a conference in Washington on October 28, Yuan said that Blackwell and the upgraded generation of Rubin chips are pushing the company into an unprecedented sales growth cycle, and Yuan also dismissed concerns about a bubble in the AI market, saying that the company's latest generation of chips is expected to generate revenue of as much as $50 billion in the coming quarters. The latest study by Wall Street financial giant Goldman Sachs noted that $50 billion was significantly larger than Wall Street's expectation. The bank's analytics team noted that this goal was 12% higher than the market consensus reflected through Visible Alpha Consensus Data, as well as 10% higher than the $453 billion forecast by Goldman Sachs.