Overview

• Nvidia pushed its market value past $4 trillion after shares climbed to an intraday peak near $164.
• The company reported first-quarter revenue of $44.1 billion, up 69 percent year-on-year, and earnings of $0.81 per share.
• Management is guiding for second-quarter sales around $45 billion, plus or minus 2 percent, and will report results on August 27.
• With a 7.3 percent weight on the S&P 500, Nvidia is now the largest single component of the benchmark index.
• Its stock has rebounded roughly 74 percent since early April following a recovery in AI infrastructure demand and easing trade tensions.