The company’s shares reached an intraday record high of $140.89 on the NASDAQ exchange, a significant milestone for the tech giant. The rise in stock price is a promising indication of the growing demand for Nvidia’s products and services, particularly in the gaming, AI, and data center sectors.
As more industries look to leverage Nvidia’s advanced technology, the company is expected to continue growing, further cementing its position as a market leader.
Nvidia, a leading US graphics chipmaker, recently broke records with a 4% boost in stock price on October 17.