Nvidia Soars Ahead of CES Keynote, Reaches All-Time High Valuation

World News

1 year ago

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Credited from: FORBES

Nvidia's stock price surged by 3.4%, reaching $149.43 per share, surpassing its previous record close.
The company's market capitalization hit nearly $3.73 trillion, temporarily making it the most valuable company globally.
This rally occurred alongside a broader increase in tech stocks, particularly in the semiconductor sector.
Investor optimism was fueled by positive Q4 revenue signals from industry peers and reports indicating potential easing on tariffs affecting semiconductors.
CEO Jensen Huang is set to deliver a keynote at CES 2025, where analysts expect insights on Nvidia's future technologies.

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