Nvidia’s stock value surged by over $200 billion in a single day following the release of its better-than-expected first-quarter results for fiscal year 2025. The company has been a major player in the AI-driven stock market rally, significantly contributing to the S&P 500 reaching record levels. This latest increase continues a trend from 2023, during which Nvidia’s stock price tripled, adding over $800 billion to its market capitalization.
The company’s first-quarter results, reported last week, exceeded forecasts, with revenue rising by 262% to $26 billion and net income reaching $14.9 billion, a 645% increase compared to the same period in fiscal year 2024. Following the earnings announcement, Nvidia’s market capitalization increased from $2.33 trillion on May 22 to $2.55 trillion on May 23, an increase of $217 billion.
Nvidia’s recent performance has seen significant stock value increases after each earnings report. In February, the company’s market cap increased by $276 billion in one day following the release of its fourth-quarter results for fiscal year 2024, marking its highest one-day gain.
Year-to-date, Nvidia has added approximately $1.4 trillion to its stock value, surpassing its total increase of $816 billion in 2023 by 70%. The company’s stock return for the year stands at 121%, and its five-year investment return is 2,834%, significantly outperforming major tech companies like Apple, Microsoft, and Amazon.
