Nvidia shares surged 8.7%, adding $442 billion in market value in one day after Q2 revenue hit $96.2 billion and the company guided for 70%

Chipmaker Nvidia doubled quarterly revenue, disclosing $366 billion in future commitments and up to $108.5 billion in guarantee exposure.

Nvidia reported $96.2 billion in Q2 revenue, beating estimates with 106% year-over-year growth as data center demand surged and shares rebounded

The chipmaker’s shares are up more than 7 per cent in pre-market trading