NVIDIA Is a Chameleon

 
 

Last Thursday, NVIDIA’s market capitalization rose by $183 billion. The post-earnings move represented the third-largest daily market cap shift to date. It was close to winning the title for the all-time largest daily move. It was very on point for such a remarkable occasion to be connected to the AI craze that has swept over Silicon Valley, and increasingly Wall Street, in 2023. The way ChatGPT came on the scene and got Big Tech, minus Apple, to seemingly change their entire product and PR strategies remains intriguing.

In what continues to be difficult to wrap one’s mind around, NVIDIA is at the center of its second tech craze in just the past two years.

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