Reported 8 months ago
Nvidia's stock price surged on June 18, 2024, surpassing Microsoft to become the most valuable company on Wall Street. With a more than 3% increase during the trading session, Nvidia closed at a record high of $135.58 per share, with a market value of $3.34 trillion. This helped drive the S&P 500 to its 31st closing high of the year. Nvidia had already exceeded Apple's market value earlier in June. Industry analysts are amazed by Nvidia's business growth potential, driven by its chip technology supporting artificial intelligence, positioning it as a prominent force in the tech industry and the stock market.
Source: YAHOO