Nvidia share price: Nvidia stocks jump to record high, AI chip giant becomes more valuable than Microsoft, Apple
Nvidia surged to a fresh record amid continued artificial intelligence bullishness even as US Stock market indexes finished mixed on Wednesday. The broad-based S&P 500 was flat at 6,092.16, while the tech-rich Nasdaq Composite Index gained 0.3 percent to 19,973.55. The Dow Jones Industrial Average finished down 0.3 per cent at 42,982.43. Nvidia share price shot up 4.3 per cent to $154.31 giving it a market valuation of around $3.76 trillion — more valuable than Microsoft, Apple and other tech giants. The rise came as CEO Jensen Huang presented the company’s latest technologies at Nvidia’s annual meeting, AFP reported.
Among other companies, FedEx fell 3.3 per cent after the shipping company did not provide a full-year forecast, citing…
