Nvidia's soaring market has once again ignited the market. As of the closing of the US stock market on June 5th, Nvidia rose more than 5% in a single day to close at $1224.4 per share, surpassing Apple to become the second largest company by market value in the US stock market. The strong performance of Nvidia's stock price has also driven a sharp rise in the US stock market and related indices, and the returns of several QDII funds have also surged, rising by over 20% this year. Industry insiders have stated that from the perspective of growth sustainability, Nvidia still has a high possibility of maintaining a high market value. However, when investors invest in technology ETF products such as the NASDAQ 100 ETF, they also need to pay attention to market dynamics and changes in company performance, consider their own risk preferences and investment goals.
Nvidia's gains are unparalleled. As of the close of the US stock market on June 5th, Nvidia rose more than 5% to close at $1224.4 per share, with a total market value of $3.01 trillion, surpassing Apple to become the second largest company in the US stock market, second only to Microsoft with a market value of $3.15 trillion.
Looking back on May 25th, Nvidia disclosed its first quarter report, which exceeded market expectations. Affected by this news, Nvidia's stock has started a sharp upward trend.
In fact, the investment value of Nvidia and related technology stocks has long attracted market attention. As a leading stock in the AI industry, Nvidia holds a significant weight in major stock indices in the United States. According to data from Cathay Pacific Fund, Nvidia holds a weight of 7.62% in the NASDAQ 100 index, which is a global technology leader. It ranks third among the top ten heavyweight stocks, only behind Microsoft and Apple.
Focusing on some components of the NASDAQ 100 index, as of the closing of the US stock market on June 5th, Asma has risen 9.52% in a single day, with the highest increase. And individual stocks such as Broadcom, NetEase, and Micron Technology, including NVIDIA, all rose more than 5% in a single day.
US technology stocks represented by NVIDIA have surged, bringing impressive returns to QDII funds in China that have laid out related themes. According to the latest data from iFinD in Tonghuashun, as of June 4th, out of the 576 QDII funds available in the entire market (calculated separately for shares, the same below), 463 products had positive annual returns.
From the top ranked products in terms of performance, the annual returns of China CITIC Emerging Market Hybrid (QDII) A/C were 25.15% and 24.64%, respectively, ranking first and second in the market. During the same period, the market capitalization weighted ETF return of Jingshun Great Wall NASDAQ Technology also reached 24.08%, ranking third in the market. Following closely behind, Tianhong Global High end Manufacturing Hybrid (QDII) A has also achieved a return rate of over 20% since the beginning of the year, at 20.92%. Overall, among the QDII funds that are laying out their presence in the US stock market, Nvidia is present in the top ten products and the top three major holdings.
Jiang Han, a senior researcher at Pangu Think Tank, said that with the rapid development and widespread application of artificial intelligence technology, Nvidia, as a leading enterprise in this field, has received a positive response from the market for its stock price. In addition, due to the strong performance of Nvidia's stock price, the returns of related QDII funds have also skyrocketed, bringing considerable returns to investors. However, to determine whether the current growth performance of Nvidia and related technology stocks can continue, multiple factors need to be considered, including external factors such as macroeconomic environment, policy changes, industry competition, as well as internal factors such as Nvidia's own business development and innovation capabilities.
In the view of financial commentator Guo Shiliang, Nvidia's strong market is likely to cause a capital siphon effect. If Nvidia's stock price does not decline, the relevant Nasdaq may still continue to hit new highs. In terms of growth sustainability, there is still a high possibility that Nvidia will maintain a high market value in the future.
For investors who plan to invest in US stocks through ETFs, Jiang Han also reminds them, "Taking the NASDAQ 100 ETF as an example, the index tracks leading companies in the technology sector, and the performance of related companies has a significant impact on the index. When laying out, investors also need to pay attention to market dynamics and changes in company performance in order to adjust their investment strategies in a timely manner. At the same time, investors also need to consider their own risk preferences and investment goals, and make reasonable asset allocation."