NVIDIA CorporationNVDA
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NVIDIA CorporationSpace Economy
NVIDIA CorporationOptions-market pricing implies roughly a 50% chance that Nvidia Corp. will reach a $6 trillion market capitalization between now and the end of this month, which would make it the first company to hit that milestone. According to market-maker pricing of deltas on Nvidia options expiring this week and Oct. 30, reported by CNBC, there is about a 13% chance the milestone arrives this week and about a 67% chance it happens between now and Dec. 18. The same pricing implies roughly a 1-in-16 chance Nvidia could reach $7 trillion by Nov. 20, and the report said that based on the current share count, Nvidia would need to touch $248 to cross the $6 trillion mark. Nvidia, which accounts for 13% of the Nasdaq and 8% of the S&P 500 Index, was slightly higher in early Tuesday trading after returning to a record high on a strong revenue outlook and its largest-ever share buyback. The chipmaker generated revenue of $96.2 billion in its most recent quarter.
NVIDIA Corporation