Nvidia market capitalization exceeding $3 trillion (3.01T)

[S2007S]

This is normal behaviour pre stock split.

Will go even higher post stock split as retail pile in on $125 NVDA, they will think absolute bargain, NVDA for $125!

Then they will run it up to $250 and still think its cheap!!

$10T market is possible in this bubble market.

AI is the future, everything will be AI everywhere..

100T market cap will happen by 2050.

Just look at AMZN, currently almost 40 times higher than it was at bubble peak in year 2000.

Infact that makes $100T for 2050 sound low, if NVDA peaks at $10T this cycle it could hit $400T by 2050 (ie. 40x like AMZN did) at the top of the next bubble in 25 or so years times

But after 2050, it falls to $0T as money will have no meaning in a post AI Singularity world

What a major prediction ...especially where you say 125 will look like a bargain, absolutely beautiful that people will believe this....however outstanding shares will now be 10x what they were previously so any dollar move will mean 10x the rate of loss or gain in market capitalization........better hope these companies keep buying chips and keep paying the premium they are going to pay because 1 inkling of a drop of premium for ncda and look out below.

 

[dillybob]

Nvidia was the main story with its market capitalization exceeding $3 trillion (3.01T) after a gain of $60 on a day or 5.16% to $1224.40. The company is now the 2nd largest company just ahead of Apple and below Microsoft ($3.15T).

You can´t make this up. Only possible on US exchanges. Out of fun, buying some OTM NVIDIA puts on that "piece of news"

I did a little put trade at market open today on it as well:

Not sure what this puppy is going to do tomorrow, but hoping for some crazy volatility. Picked up few OTM puts as well just incase we do drop. I feel like we will, but my feelings mean nothing haha.