NVIDIA's total market capitalization reaches $2.50 trillion
2024-05-23 13:40:41
Nvidia rose 8% at the beginning of the session, peaking at $1,030/share, continuing to set new records and reaching a total market capitalization of $2.50 trillion. The company's Quarter 1 earnings report showed that the company's revenue, profit, and Q2 guidance comprehensively exceeded market expectations. Goldman Sachs raised its target price of Nvidia from $1,100 to $1,200, Piper Sandler raised its target price of Nvidia from $1,050 to $1,200, and Citi raised its target price of Nvidia from $1,030 to $1,260.
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