Nvidia Stock Rises Toward Fresh Record High – The Wall Street Journal

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The Magnificent Seven helped drive the Nasdaq increased

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.css-9d8khp-TimeTag{show:inline-block;}Jan. 8, 2024 at 3:12 PM EST

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Nvidia Inventory Rises Towards Contemporary File Excessive

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David Marino-Nachison

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, Editor

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Nvidia shares rose Monday, on tempo for his or her first file excessive since November.

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Nvidia’s inventory, not too long ago up greater than 5% to over $517, will set a brand new file if it closes above $504.99. The shares are up greater than 220% over the previous 52 weeks.

Nvidia on Monday made a spread of bulletins, together with one about new chips. Its web page additionally notes two occasions this week, together with and a “digital fireplace chat” tomorrow at 11 a.m.

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An index of chip shares, together with a number of different trade firms’ shares, additionally rose Monday.

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Nvidia’s New China Pickle: Customers Don’t Want Its Downgraded Chips

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Nvidia’s New China Pickle: Prospects Don’t Need Its Downgraded Chips

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The tech big’s Chinese language consumers are pushing again towards the lower-powered AI chips it hopes to promote to them in response to U.S. export curbs.

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.css-1sua44i-ChicletContainer{white-space:nowrap;-webkit-text-decoration:none;text-decoration:none;min-height:24px;}.css-1sua44i-ChicletContainer:hover{background:rgba(244,244,244,1);}.css-1sua44i-ChicletContainer>*:nth-last-child(2){-webkit-flex:1;-ms-flex:1;flex:1;}.css-rhb3j4-ChicletContainer{show:-webkit-box;show:-webkit-flex;show:-ms-flexbox;show:flex;top:100%;-webkit-align-items:middle;-webkit-box-align:middle;-ms-flex-align:middle;align-items:middle;-webkit-flex-direction:row;-ms-flex-direction:row;flex-direction:row;-webkit-box-pack:begin;-ms-flex-pack:begin;-webkit-justify-content:flex-start;justify-content:flex-start;margin-block-start:16px;white-space:nowrap;-webkit-text-decoration:none;text-decoration:none;min-height:24px;}.css-rhb3j4-ChicletContainer:hover{background:rgba(244,244,244,1);}.css-rhb3j4-ChicletContainer>*:nth-last-child(2){-webkit-flex:1;-ms-flex:1;flex:1;}.css-sh89ke{margin:0;shade:rgba(34,34,34,1);font-family:Retina,Helvetica,Arial,sans-serif;font-size:14px;line-height:20.006px;font-weight:500;letter-spacing:0%;font-style:regular;text-transform:none;font-stretch:regular;padding:0.5px 0px;}.css-sh89ke svg{fill:rgba(34,34,34,1);}.css-sh89ke fontMetrics{cap-height:700px;ascent:800px;descent:-200px;line-gap:200px;units-per-em:1000px;}.css-sh89ke::earlier than{content material:”;margin-bottom:-0.3145em;show:block;}.css-sh89ke::after{content material:”;margin-top:-0.4145em;show:block;}

NVIDIA Corp.

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NVDA (U.S.: Nasdaq)

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PHLX Semiconductor Index

SOX (Nasdaq)

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The Magnificent Seven helped drive the Nasdaq increased

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Nvidia’s New China Pickle: Prospects Don’t Need Its Downgraded Chips

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