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Feb 22, 06:09 PM
NVIDIA ($NVDA) Market Cap Surges +$245 Billion on $2 Billion Sales Guidance Raise
Crypto

NVIDIA ($NVDA) Market Cap Surges +$245 Billion on $2 Billion Sales Guidance Raise

Authors
  • Citizen Free Press
  • Special Situations 🌐 Research Newsletter (Jay)
  • Cory Johnson ⚡️
6

NVIDIA ($NVDA), a leading tech company, has seen a significant increase in its market capitalization, with a surge of +$245 billion in a single day. This remarkable growth was spurred by the company's announcement that it expects sales to rise by $2 billion in the next quarter. The update on NVIDIA's earnings and its positive sales guidance have also impacted the broader tech market, as indicated by reactions suggesting that the rally for Super Micro Computer, Inc. (SMCI) might be coming to an end.

Written with ChatGPT (GPT-4).

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