Reported about 6 hours ago
Nvidia's stock is nearing a record high as investors embrace the AI boom, pushing shares above $138 and positioning the company to potentially surpass Apple as the world's most valuable firm. The stock's recent rise is attributed to significant funding announcements for OpenAI, positive analyst reports, and a strong demand forecast for Nvidia's new AI chips. With Nvidia's market cap at $3.4 trillion compared to Apple’s $3.5 trillion, the competition for the top spot in the market intensifies.
Source: YAHOO