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Nvidia's Stock Soars as AI Demand Drives Market Surge

Nvidia approaches a historic market cap high, fueled by AI advancements and strategic leadership under CEO Jensen Huang.

  • Nvidia's stock has surged nearly 200% year-over-year, nearing its all-time high and closing above $138 per share for the first time.
  • CEO Jensen Huang attributes Nvidia's success to its pioneering role in AI technology and strategic market creation.
  • The company's AI chips, particularly the upcoming Blackwell series, are in high demand despite a slight production delay.
  • Tech stocks, including Nvidia, have significantly boosted major indexes, with the S&P 500 and Dow Jones reaching record highs.
  • Nvidia's market cap is now at $3.41 trillion, positioning it as the second most valuable company, closely trailing Apple.
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