At $5.7 trillion, Nvidia just set an all-time record โ for itself and for any company ever. Bitcoin and the whole crypto market combined sit at just above $3 trillion. One chipmaker outweighs all of it.
The stock hit
$237.88 on Friday, its first record since May. Three things converged: a $150 billion buyback addition (total $235 billion through 2028, the largest in history), Supermicro shipping Vera Rubin-based server racks packing 72 GPUs each, and a weak jobs report cooling Fed rate-hike bets โ which hurts Nvidia's rivals more than Nvidia itself.Last quarter: $96.2 billion in revenue, up 106% year on year. Guidance for the current quarter: $108 billion. As Jensen Huang put it โ "Now, compute is revenue."
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