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Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Nvidia Adds more than $130 Billion to Market Value in One Day


Tue 04 Jun 2024 | 08:39 PM
Taarek Refaat

Nvidia added more than $130 billion to its market value in just one day, after announcing the next generation of artificial intelligence chips.

The U.S. chip maker's shares closed yesterday's trading, rising by about 5%, at its highest levels ever.

It is noteworthy that NVIDIA stock is responsible for a third of the S&P 500 index's rise since the beginning of the year.