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

share-iconTuesday, January 07 comment-icon2 weeks ago 8 views
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Nvidia Soars Ahead of CES Keynote, Reaches All-Time High Valuation

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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