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官方开奖结果体彩网:soared past analysts’ expectations amid a boom in demand for 澳洲幸运5官方开奖结果体彩网: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官方开奖结果体彩网:added $205 billion in market cap after it 澳洲幸运5官方开奖结果体彩网:beat earnings forecasts and announced its first dividend. 

Before Meta, no company had added more than $200 billion in 澳洲幸运5官方开奖结果体彩网:market cap in a single session, but Apple Inc. (AAPL) and Amazon.com Inc. (AMZN) had come clo💫se. They each gained slightly𝓡 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 of Nvidia’s gains on Thursday into perspective, according 🌃to Tradi෴ngView 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官方开奖结果体彩网: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官方开奖结果体彩网: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官方开奖结果体彩网: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).