Nvidia is on the verge of becoming the first US chipmaker to reach $1tn in market valuation. The company’s shares rose 3.8% to leave it valued at $998bn. Nvidia’s revenue forecast has increased more than 50% and, with its shares up by nearly 25% last week, other chipmakers have also seen gains. However, with a valuation well above the long-term average, there may be “significant pressure to deliver high growth”.
Mazagon Dock Q3 Results: Cons PAT jumps 29% YoY to Rs 807 crore; revenue up 33%
Mazagon Dock Q3 Results: Revenue from operations surged 33% YoY to Rs 3,144 crore in the reviewed quarter, up from Rs 2,362 crore a year
February 7, 2025