Nvidia Stock Jumps 3% Premarket, Eyes Breaking All-Time Highs: What's Fueling The Surge?
Portfolio Pulse from Shanthi Rexaline
Nvidia's stock surged 3% in premarket trading following a compelling presentation by CEO Jensen Huang at Computex 2024. The presentation highlighted the next-gen AI accelerator Rubin, AI factories, and Nvidia Inference Micro Services. Analyst Pierre Ferragu praised the keynote, contributing to Nvidia's stock performance.
June 03, 2024 | 10:10 am
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Nvidia's stock surged 3% in premarket trading after CEO Jensen Huang's presentation at Computex 2024, which introduced the next-gen AI accelerator Rubin and AI factories. Analyst Pierre Ferragu praised the keynote, boosting investor confidence.
The presentation by CEO Jensen Huang at Computex 2024 introduced significant advancements in AI technology, which are likely to drive future growth. Analyst Pierre Ferragu's positive remarks further boosted investor confidence, leading to a 3% premarket surge in Nvidia's stock.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100