Jim Cramer says Nvidia-led chip rally continues as bull market enters third year

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 17 min. at publisher
  • 📊 Quality Score:
  • News: 65%
  • Publisher: 72%

Amazon.Com Inc Noticias

Meta Platforms Inc,Arista Networks Inc,Dell Technologies Inc

Shares of the leading maker of AI chips soared more than 1,000% over the past two years.

CNBC's Jim Cramer on Monday marked the two-year anniversary of the current bull market with an ode to Nvidia and the U.S. semiconductor industry. "We have a remarkable semiconductor rally, and it is at the heart of this market," Cramer said on "Squawk on the Street." "One of the reasons why it's so great is the dynamism of American capitalism is in semiconductors.

mountain 2022-10-12 Nvidia's stock performance compared with the S & P 500 during the two-year bull market, which began on Oct. 12, 2022. Nvidia, whose chips were used to train ChatGPT on massive amounts of data, saw a massive influx of orders, leading to its soaring revenue, profits and stock price. As of Monday, Nvidia is the second-most valuable company in the world, at $3.4 trillion, behind only Apple, which is worth $3.5 trillion.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 12. in CO
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Nvidia falls as Beijing discourages local companies from buying Nvidia chipsNvidia falls as Beijing discourages local companies from buying Nvidia chips - BBG
Fuente: Investingcom - 🏆 450. / 53 Leer más »

Jim Cramer's top 10 things to watch in the stock market FridayWholesale inflation came in below expectations. Meanwhile, skeptics are everywhere after Tesla's robotaxi event.
Fuente: CNBC - 🏆 12. / 72 Leer más »

Jim Cramer's top 10 things to watch in the stock market ThursdayWall Street was lower after September inflation data came in slightly hotter than expected and initial jobless claims topped estimates.
Fuente: CNBC - 🏆 12. / 72 Leer más »