Reported 2 months ago
Nvidia's stock (NVDA) is on a steady upward trajectory, nearing its previous record close as the AI boom continues to attract investor enthusiasm. The shares, which closed at $132.65, are bolstered by positive analyst reports and strong demand for its AI chips, with projections indicating revenues from new products could reach $7 billion in the upcoming quarter. Additionally, Nvidia's partnership with Foxconn for a supercomputer in Taiwan further enhances its position, despite earlier volatility due to trade tensions and regulatory concerns.
Source: YAHOO