Nvidia's Stock Reaches Record High, Market Cap Surpasses $5 Trillion
Nvidia's stock closed at a record high, pushing its market cap above $5 trillion, driven by strong demand for AI chips. The stock rose 4.3% to $208.27, while Intel saw a 24% surge, its best day since 1987. The rally reflects investor confidence in the AI chip sector ahead of upcoming hyperscaler earnings.
Tickers: $AMD $GOOGL $INTC $MSFT $NVDA $QCOM
Topics: AI chip trade Intel Market cap Nvidia Stock performance