Previous close | 432.60 |
Open | 512.08 |
Bid | 509.90 |
Ask | 515.15 |
Strike | 980.00 |
Expiry date | 2026-12-18 |
Day's range | 512.08 - 512.08 |
Contract range | N/A |
Volume | |
Open interest | 59 |
The latest rally in Nvidia comes as it prepares to split its stock ten-for-one, effective on June 7, a move that could increase its appeal to individual investors. Nvidia's stock has surged 145% so far in 2024, with demand for its top-of-the-line processors far outstripping supply as Microsoft, Meta Platforms and Google-owner Alphabet race to build out their AI computing capabilities and dominate the emerging technology. The Silicon Valley chipmaker's stock was last up 4.2% at $1,212.89, giving Nvidia a stock market value of $2.98 trillion.
Nvidia (NVDA) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Nvidia Corp (NASDAQ:NVDA) intends to increase its investments in Taiwan, emphasizing the critical role of the local chip supply chain and its long-standing partnership with Taiwan Semiconductor Manufacturing Co (NYSE:TSM), stated CEO Jensen Huang in Taipei. Despite geopolitical uncertainties, Nvidia plans to construct another supercomputer in Taiwan following the launch of Taipei-1 last year. The stock is trading higher on Wednesday. Huang praised TSMC for its advanced technology and flexibility