Reported 2 months ago
Nvidia's stock (NVDA) rose 1.6% to $134.81, nearing its previous record close of $135.58 as investors are optimistic about the ongoing AI boom. Analysts maintain Buy ratings, predicting strong revenues from new chips and robust demand for older GPUs. Recent developments include Nvidia's plans with Foxconn for supercomputers in Taiwan and growth in the semiconductor sector, indicating sustained strong demand for AI technology.
Source: YAHOO