Nvidia Corp surged 24 percent on Thursday in one of the largest one-day gains in value for a U.S. stock, after its stellar revenue forecast showed that Wall Street has yet to price in the game-changing potential of AI. The surge more than doubled the stock's value for this year and increased the chip designer's market capitalization by about $184 billion to nearly $939 billion. That makes Nvidia twice as big as the second-largest chip firm, Taiwan's TSMC. In the United States, it trails only trillion-dollar-value companies Apple Inc, Alphabet Inc, Microsoft Corp and Amazon.

https://business.inquirer.net/402752/chip-giant-nvidia-nears-trillion-dollar-status-on-ai-bet

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