Nvidia rallies to record high as chipmaker announces AI-related components
From Nasdaq:
Shares of Nvidia surged to a record high close on Monday after unveiling new desktop graphics processors for AI, boosting stock by 6.4%. The company also announced components and software related to AI ahead of CES in Las Vegas. Nvidia is the leading supplier of processors for AI computing and has more than tripled its stock in 2023. Traders exchanged over $32 billion worth of Nvidia’s shares. The latest rally in Nvidia’s stock has helped propel the PHLX semiconductor index 3.3% higher.
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