Beyond The Numbers - Nvidia's Powerhouse Performance In The Stock Market, On The Verge Of Reaching The $500 Barrier
Portfolio Pulse from Zaheer Anwari
Nvidia's shares reached a record high of $480.88, marking a year-to-date increase of over 200%. The company's GPUs have been used in training OpenAI's ChatGPT. The stock may experience a slight setback before reaching the $500 milestone, but this is seen as a strategic pause for future growth.
July 17, 2023 | 4:06 pm
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Nvidia's stock reached a record high and is expected to hit the $500 mark after a slight setback. The company's GPUs are being used in AI development, indicating strong market position.
Nvidia's record high stock price and its GPUs being used in AI development indicate a strong market position. A slight setback is expected before the stock reaches the $500 mark, but this is seen as a strategic pause for future growth.
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