Nvidia Adds $442 Billion in Second Biggest Ever Stock Surge
Nvidia Corp. added $442 billion to its market value on Thursday in the second-largest one-day gain by any stock in history.
Nvidia announced that its revenue will increase by approximately 70% in the upcoming fiscal year, surpassing market expectations of a 45% growth. This robust forecast led to a stunning second-largest stock surge ever, adding $442 billion to the company's market value on Thursday, August 27. Shares of Nvidia jumped 8.7%, marking their biggest advance since April 2025, when the company was valued at less than half of its current worth.
The market cap gain trails only Microsoft's $450 billion surge less than a month ago, both events following impressive financial results.
Nvidia has become the world's largest company, with a valuation of around $5.5 trillion. The company's strong performance stems from the continued growth in artificial intelligence-related revenue. The company's management reassured investors about the sustained momentum of AI growth. According to Bloomberg Intelligence, Nvidia's optimistic forecast implies more than $100 billion in potential upside to current estimates.
JPMorgan noted that while the outlook is much better than expected, it may still be conservative due to the company's explicit characterization of the outlook as supply-constrained. Nvidia's market cap addition is larger than the value of most S&P 500 members. The size of the gain means that even minor fluctuations can translate into multi-billion-dollar market value changes.
Nvidia previously held the record for the largest one-day gain in market capitalization, gaining $440 billion following President Donald Trump's announcement of a 90-day tariff pause in April 2025.
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