Nvidia Hits $5 Trillion Market Cap, AI Chips Fuel Surge

Nvidias stock surged to a record high of $208.27, pushing its market cap over $5 trillion, as investors bet big on AI chips ahead of tech earnings. The stock jumped 4.3% and has quadrupled since 2022, driven by demand from tech giants. Intels better-than-expected earnings sparked a tech rally, with Intel, AMD, and Qualcomm all seeing significant gains. Despite supply chain challenges and oil price hikes, the Nasdaq is up 15% in April, its best month since 2020. Even with Alphabets new chips, the AI boom shows no signs of slowing down. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/2c82147e9a66c34c

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