Stakes are high for equity markets with Nvidia’s earnings due on Wednesday after the New York close. The 31-year-old chipmaker has piled on market cap faster than any other company in history. Its stock has gained more than 3,500% since the start of 2019 as the company benefits from selling the main chip necessary for artificial intelligence work. Bloomberg’s Annabelle Droulers has a preview.
Watch Nvidia CEO Jensen Huang’s interview on Bloomberg TV on Wednesday Aug. 28 at 6.30 p.m. New York time. https://www.youtube.com/@markets
Sign up for Matt Levine’s Money Stuff, a newsletter about Wall Street, finance and other stuff. https://bloom.bg/3X2O2d8
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