Reported 6 months ago
Nvidia's stock reached a new all-time intraday high and a market cap of $3 trillion on Wednesday. Analysts discuss the factors contributing to this record-breaking achievement, such as the company's strong performance and new target prices set by Wall Street. The trend reflects the continuous growth and demand for Nvidia, with its market cap surpassing that of Apple, along with optimistic price targets from Bank of America. The article highlights the significance of Nvidia's position in the AI industry and its ecosystem's impact on related companies like Taiwan Semiconductor and NXP Semiconductor.
Source: YAHOO