By Ryan Vlastelica, Bloomberg<\/p>\n
Nvidia Corp. added $442 billion to its market value on Thursday in the second-largest one-day gain by any stock in history.<\/p>\n
Shares of the Santa Clara, California-based company jumped 8.7%, their biggest advance since April 2025, when the company was valued at less than half what it is now. The nearly half-a-trillion dollar gain trails only Microsoft Corp.\u2019s $450 billion surge less than a month ago, which followed blowout results. Nvidia is the largest company in the world, with a valuation around $5.5 trillion.<\/p>\n
Thursday\u2019s move came after a robust forecast from Nvidia, which reassured investors that growth related to artificial intelligence remains in full swing.<\/p>\n
Nvidia said that revenue will expand about 70% next fiscal year, well above expectations for growth of around 45%, an upside surprise that recalled the early days of the AI boom that cemented the company as the central stock of the era.<\/p>\n
Bloomberg Intelligence wrote that Nvidia\u2019s \u201cjaw-dropping\u201d guide \u201cimplies more than $100 billion of potential upside to current estimates.\u201d JPMorgan wrote that even though the outlook was much better than expected, it is likely still conservative, as it \u201cexplicitly characterized the outlook as supply-constrained, with unconstrained demand pacing materially higher.\u201d<\/p>\n
Thursday\u2019s market cap add is bigger than the value of all but a handful of members of the S&P 500 Index. Nvidia\u2019s size means that even relatively modest moves translate to market value changes worth tens of billions of dollars.<\/p>\n
Prior to Microsoft, Nvidia previously held the record for the largest one-day gain in market cap, when it added $440 billion following President Donald Trump\u2019s announcement of a 90-day tariff pause in April of last year.<\/p>\n
Nvidia also holds the record for the largest one-day loss in market history, when nearly $600 billion was wiped out in a single session amid concerns over China\u2019s DeepSeek AI model.<\/p>\n