2024-09-26 19:08
IndustryNvidia Is Back in the $3 Trillion Club.
Nvidia stock rose early Thursday as positive sentiment around artificial intelligence demand continued to drive chip stocks.
Nvidia
NVDA
2.18%
shares were up 2.2% at $126.21 premarket trading. It rose more than 2% on Wednesday after upbeat projections about the need for AI hardware, lifting its market value past the $3 trillion threshold once again.
Adding to the positive outlook for the broader semiconductor sector, memory-chip maker Micron Technology
MU
1.88%
reported quarterly earnings and strong guidance after market close Wednesday, citing “robust AI demand.”
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Nvidia Is Back in the $3 Trillion Club.
| 2024-09-26 19:08
Nvidia stock rose early Thursday as positive sentiment around artificial intelligence demand continued to drive chip stocks.
Nvidia
NVDA
2.18%
shares were up 2.2% at $126.21 premarket trading. It rose more than 2% on Wednesday after upbeat projections about the need for AI hardware, lifting its market value past the $3 trillion threshold once again.
Adding to the positive outlook for the broader semiconductor sector, memory-chip maker Micron Technology
MU
1.88%
reported quarterly earnings and strong guidance after market close Wednesday, citing “robust AI demand.”
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