Nvidia Corp. (NVDA) recorded the largest-ever single-day jump in market capitalization on Thursday, one day after the chipmaker announced quarterly earnings and a sales outlook that 澳洲幸运5开奖号码历史查询:soared past analysts’ expectations amid a boom in demand for 澳洲幸运5开奖号码历史查询:artificial intelligence (AI). 

Nvidia rose 16.4% to close at $785.38, adding $272 billion to its market capitalization. That blew out of the water the prior record set just two weeks ago by Meta Platforms Inc. (META), which 澳洲幸运5开奖号码历史查询:added $205 billion in market cap after it 澳洲幸运5开奖号码历史查询:beat earnings forecasts and announced its first dividend. 

Before Meta, no company had added more than $200 billion in 澳洲幸运5开奖号码历史查询:market cap in a single session, but Apple Inc. (AAPL) and Amazon.com Inc. (AMZNꦇ) had come close. They each gained slightly more than $190 billion on separate days in 2022.

With Thursday's rise, Nvidia's market cap stands at $1.94 trillion, putting it in third place on the list of most valuable U.S. companies, behind only Microsoft Corp. (MSFT) and Apple.

To put the magnitude o💧f Nvidia’s gains on Thursday into perspective, according to TradingView data: 

• Only 28 companies in the Standard & Poor's 500 (excluding Nvidia) have market caps of more than $250 billion. The smallest of those is Netflix Inc. (NFLX), valued at about $254 billion. 
• $250 billion is more than half the assets under management of the SPDR S&P 500 ETF Trust (SPY), one of the world’s largest, most widely traded 澳洲幸运5开奖号码历史查询:exchange-traded funds (ETFs).
• Goldman Sachs Group Inc. (GS) and Boeing Co. (BA) have a combined market value of about $250 billion. 
• The 澳洲幸运5开奖号码历史查询:Big Three U.S. automakers—Stellantis NV (STLA), Ford Motor Co. (F), and General Motors Co. (GM)—have a combined market cap of $176 billion.
• The world's four most valuable sporting goods and footwear makers—Nike Inc. (NIKE), Adidas AG (ADDYY), Anta Sports Products Ltd. (ANPDF), and Deckers Brands (DECK)—are cumulatively valued at $244 billion, and Nike accounts for more than 60% of that.
• Thursday’s increase put Nvidia’s market cap above $1.9 trillion, more than the 澳洲幸运5开奖号码历史查询:gross domestic product (GDP) of all but 11 national economies in 2022—close to Brazil ($1.92 trillion) and greater than next-ranked Australia ($1.69 trillion).