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NVIDIA Corp. (NASDAQ:NVDA) continues to remain an industry leader and the most valuable company in the world. It has become the face of the artificial intelligence (AI) industry and is driving massive growth.
Overview NVIDIA stock hits record highs driven by explosive artificial intelligence demand.Dominance in AI and data center technology secures NVIDIA’s lead in t
Shares of Nvidia (NASDAQ: NVDA) charged sharply higher Wednesday, climbing as much as 5.6%. As of 11:41 a.m. ET, the stock was still up 3.9%.
The chipmaker on Wednesday became the first publicly listed company to top $5 trillion in market value, boosted by demand for its AI chips.
Druckenmiller was quick to see the growth opportunities for Nvidia and Palantir. Valuation concerns ultimately led him to shed both stocks from his portfolio. This trillion-dollar company offers a more compelling value with multiple avenues for AI growth.
Nvidia became a hot AI company (and the world's most valuable public company) because of the graphics processing units (GPUs) it produces. However, I'd rather go with TSMC right now because without it, Nvidia's business would noticeably suffer.
Despite Broadcom climbing 13% in the last week, its competitor Nvidia might be a more attractive option. Regularly assessing alternatives is fundamental to a solid investment strategy. Nvidia (NVDA) stock displays better revenue growth over significant periods,
Nvidia was set to open above a $5 trillion market value on Wednesday, becoming the first company to reach the milestone after a powerful rally that has made the chip designer the centerpiece of the artificial intelligence boom.
After the close on Tuesday, Joby Aviation announced a collaboration with Nvidia to develop autonomous flight capabilities using Nvidia’s IGX Thor platform. Thor, which shares its name with the Norse god, is an Nvidia AI computing platform designed for use in physical products such as planes and robots.