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Nvidia's $218B Surge Boosts S&P, Forecasts $79B Revenue

5/18/2026

Summary

Story summary

Nvidia’s market cap surged $218 billion after its May 23 2024 earnings release, accounting for 15.5% of S&P 500’s 2025 return and lifting the index 17.9%.
Analysts forecast Q1 2026 revenue of $79 billion, a 78% rise to $372 billion, while Nvidia’s partnership with Corning raises fiber-optic capacity 50% and optical-connectivity 1,000%, adding plants in North Carolina and Texas.
In March 2026 Nvidia launched the Space-1 Vera Rubin Module, a space-AI system with 25 times more compute for inferencing.

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Story summary

Nvidia’s market cap surged $218 billion after its May 23 2024 earnings release, accounting for 15.5% of S&P 500’s 2025 return and lifting the index 17.9%.
Analysts forecast Q1 2026 revenue of $79 billion, a 78% rise to $372 billion, while Nvidia’s partnership with Corning raises fiber-optic capacity 50% and optical-connectivity 1,000%, adding plants in North Carolina and Texas.
In March 2026 Nvidia launched the Space-1 Vera Rubin Module, a space-AI system with 25 times more compute for inferencing.