- Nvidia’s shares hit a record peak at $522.53 following the launch of the AI-centric GeForce RTX 40 SUPER Series.
- Investor frenzy peaks with over $32 billion in trading volume during Monday’s session, affirming Nvidia’s dominance.
Nvidia soars to unprecedented heights with the GeForce RTX 40 SUPER Series launch, making it Wall Street’s most traded entity, as investor enthusiasm surges amidst the tech giant’s remarkable growth.
Nvidia hits record high with AI-focused graphics processors
Nvidia’s shares reached a historic high on Monday, closing at $522.53, following the announcement of the GeForce RTX 40 SUPER Series of graphics processors focused on AI-enhanced gaming.
The valuable chipmaker, showing its commitment to innovation, also revealed other AI-related components and software ahead of the Consumer Electronics Show (CES) 2024 in Las Vegas.
Recognized as a key player in AI processors, Nvidia’s stock tripled in 2023, making it the most traded company on Wall Street, with a market value of nearly $1.3 trillion.
Also read: Nvidia designs a gaming chip for China, bypassing US controls
Investor frenzy amplifies as Nvidia’s growth story unfolds
Amidst the whirlwind of Nvidia’s success, investor enthusiasm reached new heights, spurred by the company’s impressive growth trajectory. The stock’s substantial surge and staggering trading volume, exceeding $32 billion during Monday’s session, position Nvidia as Wall Street’s most traded entity.
This fervor underscores investor confidence in Nvidia’s strategic focus on AI technology, affirming its dominance and resilience in an ever-evolving tech landscape.
