NVIDIA Surges 8.74% in Single Day for Second-Largest Market Cap Gain in History; SMIC H1 Net Profit Jumps 94.2%
Nashnova编辑部
Nvidia added roughly $442 billion in market cap in a single session — the second-largest one-day gain in global stock-market history — while SMIC posted a 94.2% jump in H1 net profit on rising volumes and prices. AI demand is shifting from expectation to delivery.
How much did Nvidia gain in one day?
Nvidia surged 8.74% on Thursday, its biggest single-day move since April 2025.
The rally added about $442 billion in market cap — the second-largest one-day gain for any stock in history.
Total market cap climbed to roughly $5.5 trillion, keeping Nvidia as the world's most valuable listed company.
Why the sudden spike?
The catalyst was Nvidia's business outlook, which far exceeded Wall Street expectations.
This means → the market's biggest worry — that AI capital spending might slow — was directly defused by the guidance.
In plain terms = tech giants and cloud companies are still racing to buy AI chips; demand shows no sign of cooling.
Where is the industry inflection point?
China Securities Pengyuan (中证鹏元) flagged Q3 2026 as a pivotal inflection for AI compute hardware.
This means → the industry narrative has shifted from first-half "policy-and-tech expectation trading" to real earnings acceleration.
The marker event: Nvidia's Vera Rubin platform — its next-generation AI chip architecture — enters mass-production delivery.
How did SMIC perform in H1?
SMIC (00981) reported H1 net profit attributable to shareholders of RMB 4.467 billion, up 94.2% year-on-year; basic EPS was $0.08.
Growth came from both volume and price: wafer shipments (8-inch equivalent) rose 14.9% to 5,379 thousand units; average selling price climbed from $903 to $966.
In plain terms = the foundry sold more wafers and charged more per wafer — both levers pulled at once.
What matters in the second half?
SMIC's earnings delivery echoes the strong AI-demand signal from Nvidia's guidance.
This means → the supply chain is accelerating in lockstep — from chip design to foundry — not just at one node.
The key test ahead: whether foundry-level volume-and-price momentum holds through H2 — that will determine market confidence in the cycle's durability.
市场有风险，内容仅供研究参考，不构成投资建议。