Reported about 16 hours ago
Nvidia's stock soared 5% to an all-time high, nearing a $5 trillion market cap after a series of product announcements and partnerships at the GTC event. The tech giant is collaborating with the US Department of Energy on supercomputers, working with Uber on self-driving technology, and expanding ties with various telecom and AI companies. CEO Jensen Huang forecasts $500 billion in GPU sales by 2026, and despite increasing competition, Nvidia's investments in AI and key partnerships position it for continued growth.
Source: YAHOO