Please do not act smart after the stock jump [Facepalm] [LOL] [Spurting]
Nvidia Stock Could Be Set for a Run After Breaking Through $200
Nvidia stock was gaining Thursday after riding the chip-stock rally. Investors just got a timely reminder of how vital its graphics-processing units are for artificial intelligence.Nvidia shares were up 1.3% at $210.53 in early trading. The stock rose 5.8% on Wednesday, breaking through the psychologically important $200 level.Although much of the recent semiconductor enthusiasm has been around central-processing units from the likes of Intel and Advanced Micro Devices, Nvidia's GPUs are still a hot property.That was on show Wednesday when Elon Musk's SpaceX and AI start-up Anthropic announced a partnership that will give Anthropic access to more than 300 megawatts of capacity across over 220,000 Nvidia chips at SpaceX's Colossus 1 data center in Tennessee."The [Nvidia] GB300 is the best AI computer," Musk wrote on X on Wednesday.This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Jo
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
2
Report
Login to post
No comments yet