Key facts: NVIDIA surges to record; $68.1B, 75.2% margin; earnings Wed
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NVIDIA (NVDA) shares surged over 20% in seven sessions, reaching an intraday record of $235.75 before closing at $225.32. The company reported a record quarterly revenue of $68.1B and a gross margin of 75.2%. With a market cap near $5.5T, traders are anticipating earnings results on Wednesday, focusing on revenue, EPS, guidance, and commentary on China. Analysts project AI-chip revenue potential of at least $1T through 2027.
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