As the first half of 2024 comes to a close, Nvidia has emerged as a dominant force in the stock market, significantly impacting the S&P 500. Nvidia's stock has surged by 155.2%, making it one of the top performers alongside Super Micro, which saw a 192.4% increase, and Vistra with a 123% rise. Nvidia has added $1.8 trillion to its market cap this year and briefly surpassed Microsoft to become the most valuable public company. The company's advancements in AI technology, including the launch of the 'Blackwell' system, have solidified its position as a leader in the semiconductor industry. Nvidia accounts for nearly 20% of the S&P 500's YoY earnings growth and holds an 85% market share in AI semiconductors. A JPMorgan survey forecasts a 45% CAGR in AI-related semiconductor revenue. Despite its success, there are concerns about the sustainability of the AI-driven rally, with some questioning whether the Nvidia-led AI bubble might burst. Nevertheless, Nvidia's CEO Jensen Huang reassures investors of the company's continued dominance in the AI chip market. A hedge-fund manager predicts Nvidia will hit a $6 trillion valuation by year-end.
#investors piled into bets in 1H2024 that the #AI boom is just getting started. They sent #Nvidia soaring 150%, propelling the graphics-chip maker’s market value above $3trn and briefly making it the most valuable company in the world, chart @WSJecon https://t.co/W96kVDOGgE https://t.co/qML5eCZcxD
Stock market on fire in 2024! 🚀 AI's driving the gains! 🤖 Will this tech-powered rally continue? 💡 #AI #stockmarket @YahooFinance https://t.co/EWYQJn7wWF
NVIDIA $NVDA topped the list of best performers in the Russell 1,000 in the first half with a gain of 149.5%. Three other stocks were up 100%+: Vistra $VST, Cava $CAVA, and AppLovin $APP. Here's a look at the 30 best performers YTD. https://t.co/FKm4WdAekq https://t.co/VhxOskAFgJ
Nvidia will hit a $6 trillion valuation by the end of the year as investors start to realize how cheap the stock is, hedge-fund manager says #Nvidia #AI #TechAI #LearningAI #GenerativeAI #DeepbrainAI #ArtificialIntelligence #LLM #ML #LM https://t.co/7EwLSjmwvu
$NVDA has single-handedly lifted the market after a monster quarter. But it's far from being a household name, and the last time a tech company without mass brand recognition became the most valuable in the world? Cisco in the 90s. Our dive into Nvidia 👇 https://t.co/ZgnqnjCjLY
These five large-cap tech stocks had the highest revenue growth rate in Q1. Nvidia $NVDA: 262.1% to $26.04B Super Micro $SMCI: 200.0% to $3.85B PDD $PDD: 119.4% to $12.02B Coinbase $COIN: 112.0% to $1.64B Micron $MU: 81.5% to $6.81B
First half of ’24 recap S&P 500’s best performers: $SMCI +194% $NVDA +152% $VST +120.5% $CEG +73% $GE +57% Worst $WBA -53% $LULU -41% $INTC -38% $EPAM -37.5% $ALB -35% 197 of the S&P 500 companies are pacing to close out 1H24 negative, with 303 companies green YTD **As of…
Nvidia has added $1.8 trillion of market cap in 2024.
The S&P500 top performers YTD: $SMCI $NVDA $VST https://t.co/u5wtwAiZxU
Nvidia has added $1.8 trillion of market cap in 2024. Here’s how big that is. https://t.co/fuMws97mJ2
$NVDA $AMD $AVGO $MRVL $ARM | AI Boom Boosts Nvidia, AMD, Broadcom: JPMorgan Survey Forecasts Robust Future For Semiconductors JPMorgan survey reveals robust AI spending intentions, forecasting up to 45% CAGR in AI-related semiconductor revenue.
$NVDA $AMD $AVGO $MRVL $ARM | AI Boom Boosts Nvidia, AMD, Broadcom: JPMorgan Survey Forecasts Robust Future For Semiconductors JPMorgan survey reveals robust AI spending intentions, forecasting up to 45% CAGR in AI-related semiconductor revenue. Semiconductor giants Nvidia,… https://t.co/3R3nxmyd2c
Nvidia $NVDA is accounting for nearly 20% of the S&P 500's YoY earnings growth, driving approximately $4.20 of the S&P's $22.40 YoY EPS growth in 2024, according to Citi.
Super Micro and Nvidia lead the S&P 500 this year. These stocks follow. https://t.co/yAfyn0WKqd
Super Micro and Nvidia lead the S&P 500 this year. Here’s which stocks follow. https://t.co/tQpiGnJbXW $SPY $NVDA
Exciting news from @nvidia! CEO Jensen Huang reassures investors about the company's dominance in AI chip market 💥 Don't miss out on the details of the revolutionary "Blackwell" system. What are your thoughts? #AI #techinnovation https://t.co/UuT4nRFnN4
🤖🇺🇸 Nvidia's Jensen Huang reassures investors: AI chip dominance remains unchallenged despite competition and Micron's modest forecasts. Blackwell system launch expected to skyrocket Nvidia’s lead. #ArtificialIntelligence #Semiconductors https://t.co/L6wpZC9d8r
Nvidia passes Microsoft in market cap to become most valuable public company https://t.co/Y6rhyqBm7w https://t.co/7PPCEVfXAy
These are the most expensive S&P 500 stocks going into the 2nd half of the year according to CNBC. $AMD $SMCI $AVGO and $INTC making the list! https://t.co/LV4aRgHUcf
Nvidia will hit a $6 trillion valuation by the end of the year as investors start to realize how cheap the stock is, hedge-fund manager says https://t.co/nqap7vp4zY
Nvidia's revenue projections remain uncertain amid the #AI boom, even baffling the company's executives, challenging investors' valuation calculations.📈🤔 #AINews #Tech #Investment #Nvidia https://t.co/PXJ3hZAzt6
Nvidia's wild stock swings put AI rally stamina in spotlight https://t.co/BOmmvvJNdr
Exciting times for AI stocks! 📈 3 AI stocks are poised to go parabolic, driven by advancements in technology and increasing market demand. Are you ready to invest in the future of AI? 🤖 #AI #Investing
Unless you've been living under a rock, Nvidia is on your radar. It's now the world's leading maker of semiconductors tailored for AI, touting a market share of about 85%. This has made it the poster child for AI's boom, but is it really worth the hype ➡️ https://t.co/KdNoQN8GWI https://t.co/zjGZWNiJDj
⚠️QUESTION OF THE DAY • IS THE NVIDIA-LED AI BUBBLE ABOUT TO BURST? $NVDA $MU $AVGO $AMD $SMCI https://t.co/iPrINty7dE
AI race: Nvidia 'still the king' but this chip stock 'makes a strong case too' https://t.co/0Qr3KiAPEG https://t.co/7RTXziV7t8
With just 2 trading days left in the first half of 2024 here's the best performing S&P 500 stocks of H1 2024 🥇 Super Micro $SMCI +192.4% 🥈 Nvidia $NVDA +155.2% 🥉 Vistra $VST +123% Constellation Energy $CEG +79.9% Micron $MU +66.8% GE Aerospace $GE +57.8%