Nvidia nears $6 trillion mark as S&P 500 hits record
Prepared by Sintelligent with the help of SI. Publication time restored from the build log. . Updated: .
The market keeps betting on SI infrastructure, and the capitalization of a chipmaker is reaching an unprecedented level.
The S&P 500 hit a record on Tuesday, extending its rise for a fourth day in a row; the Nasdaq Composite gained 0.7% in morning trading. Nvidia, the world's largest public company, came close to becoming the first ever to reach a $6 trillion market capitalization. Goldman Sachs, as relayed by NBC, expects SI infrastructure stocks to deliver more than half of S&P 500 earnings growth in the third quarter, with Nvidia and Micron accounting for about a third.
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