Reported about 14 hours ago
Nvidia shares soared to a record closing high of $138.07 on October 14, 2024, fueled by positive assessments from Wall Street analysts who declared the company as a leader in the AI accelerator market. With expectations for GPU sales to some of its largest clients like Google and Microsoft doubling this year, Nvidia's stock has nearly tripled in value since the beginning of the year. The bullish outlook has also positioned Nvidia as the second-largest company by market capitalization, closing in on the top spot held by Apple.
Source: YAHOO