Nvidia shares rose 2.5%, or $3.97, in early trading Wednesday, topping $164 each. At the beginning of 2023, Nvidia shares were around $14 each.
The poster child of the AI boom, Nvidia has grown into largest company on Wall Street, surpassing Microsoft, Apple, Amazon and Goo — it is now worth over $3 trillion — and the stock’s movement carries more weight on the S&P 500 and other indexes than every company except Apple.
Two years ago, Nvidia’s market value was below $600 billion.
Nvidia and other companies benefiting from the AI boom have been a major reason the S&P 500 has climbed to record after record recently, with the latest coming last week. Their explosion of profits has helped to propel the market despite worries about stubbornly high inflation and possible pain coming for the U.S. economy from tariffs and other policies of President Donald Trump.
On Friday afternoon, Donald Trump posted on Truth Social, accusing Anthropic, the AI company behind…
For years, taking down a botnet meant finding its command-and-control (C2) server, seizing the domain,…
A Go-based command-and-control (C2) framework originally marketed within Chinese-speaking offensive security communities has been quietly…
A newly discovered malware campaign has been quietly targeting educational institutions and healthcare organizations across…
New filings announced last week aim to stop the Trump administration from further restricting federal…
Bluepoint, the studio behind the successful Shadow of the Colossus and Demon's Souls remakes, reportedly…
This website uses cookies.