Can Nvidia Enter Trln Market Cap Club Tonight? How Long Can It Keep the Title?

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2023-05-25
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Driven by the artificial intelligence boom and stellar earnings guidance, $NVIDIA Corp(NVDA)$ shares are hitting record highs to $390.

Nvidia may become the seventh U.S. listed company to reach $1 trillion in market capitalization, after only $Apple(AAPL)$ , $Microsoft(MSFT)$ , $Alphabet(GOOG)$ , $Meta Platforms, Inc.(META)$ , $Amazon.com(AMZN)$ and $Tesla Motors(TSLA)$ ever reached that height.

Can Nvidia Enter the Trillion-Dollar Market Cap Club Tonight?

As of Wednesday's close, Nvidia's market cap stood at $754.3 billion.

But after the company released its first-quarter earnings report and second-quarter earnings estimates, its shares surged more than 25% after the bell and its market value jumped nearly $190 billion to about $950 billion.

Before the bell, $NVIDIA Corp(NVDA)$ rises to $395 currently. It will reach 1 trln market cap when the stock price rise to $404.

How long can Nvidia keep its “trln market cap” if it comes true?

Let’s look at the example of its predecessor - $Tesla Motors(TSLA)$.

Tesla reached its first trln market cap on 25th Oct. 2021, at the stock price of $315. Tesla kept its trln market cap for 138 days.

Currently, $Tesla Motors(TSLA)$ ‘s market cap is $579.7 bln.

Do you think Nvidia will reach 1 trln market cap tonight?

Are you bullish on the future trend of Nvidia?

Leave your comments and win tiger coins!

Is NVDA a good buy or goodbye after chip export curbs?
Due to export curbs on the A800 and H800 chips, Nvidia fell 8% in the past two days. ------------- How will the chip export curbs affect Nvidia's financials? Does Nvidia enter the buying zone? Have you bottomed Nvidia yesterday? At what price will you buy Nvidia?
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Comments

  • MHh
    2023-05-25
    MHh
    Dont think it will reach 1trln by tonight with the market sentiment with the tiny possibility of debt default. But definitely bullish about it in the long term as AI gains steam. Only thing that cannot be predicted is whether better competitors will arise…
  • highhand
    2023-05-25
    highhand
    yes it can but it will not hold on for long. look at it's PE! this over valuation will burst it's bubble eventually.... still NVDA is a great company, just to pricey now
  • GoodLife99
    2023-05-25
    GoodLife99
    I believe it will make it to reach 1T tonight! Was believing with a good result 😀 meaning I won the coins 😁??
    It's a suprise that pre mkt price can increase so much, so anything is possible!!!

    come share your thoughts & win coins together Tigers!

  • Diadem
    2023-05-25
    Diadem
    Shorts n Analyst will now rush over to spam all kind of fomo, bubble articles/feeds. 2 things a wise investor will make a note. 1. How the analyst keep revising the price target right from $180s, $220s, $250s, $250, $320 n now going upto $500 2. See how much shorts get burned on this. https://www.reuters.com/technology/nvidia-short-interest-down-18-ytd-while-stock-up-91-s3-partners-2023-05-03/#:~:text=Nvidia%20short%20sellers%20lose%20%245,than%2090%25%20in%202023%20%7C%20Reuters
  • Diadem
    2023-05-25
    Diadem
    Shorts n Analyst will now rush over to spam all kind of fomo, bubble articles/feeds.

    2 things a wise investor will make a note.

    1. How the analyst keep revising the price target right from $180s, $220s, $250s, $250, $320 n now going upto $500

    2. See how much shorts get burned on this.

    https://www.reuters.com/technology/nvidia-short-interest-down-18-ytd-while-stock-up-91-s3-partners-2023-05-03/#:~:text=Nvidia%20short%20sellers%20lose%20%245,than%2090%25%20in%202023%20%7C%20Reuters

  • Fenger1188
    2023-05-25
    Fenger1188
    我预测不能达到1万亿，目前英伟达股价创新高，这个价位，属于高点😃美国股市受一连串不利因素影响着，在这不明朗的时候我会保持观望不会入场买入，不过我会继续关注英伟达，等待好时机买入[财迷][财迷][财迷]
    • Fenger1188: 
      👍🏻👍🏻👍🏻👍🏻👍🏻
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