Reported about 4 hours ago
Nvidia's stock has reached a record high, rising 2.4% to over $138, as investor confidence in artificial intelligence signals a potential challenge to Apple's position as the most valuable company globally. Driven by substantial investments, strong demand for its AI chips, and positive sector trends, Nvidia's market cap now stands at $3.4 trillion, just shy of Apple's $3.5 trillion. Analysts project strong revenue growth ahead, bolstered by a predicted $33 billion earnings report in November.
Source: YAHOO