Nvidia shares surge to record close with 24% rally

Shares of Nvidia are closed up 24% on Thursday on the back of an outsize earnings report that beat consensus estimates, reaching an all-time high.

Nvidia’s prior record high occurred in November 2021, when share price closed over $333. Shares opened Thursday at $385 and gave back some of the overnight gains.

To put its gain in perspective, Nvidia stock was up 235% since its two-year low of $112 on Oct. 14, beating out the performance of any…