New York CNN —Nvidia, Wall Street’s favorite artificial intelligence darling, is continuing to swell to staggering heights.
Nvidia is now the third company in the US, behind Apple and Microsoft, to cross that $3 trillion mark.
Shares of the Santa Clara-based chipmaker rose 5.2% to about $1,224.4 a share, while Apple shares ended the session up 0.8% at $196.
Earlier this week, Jensen Huang, CEO of Nvidia, said that the company would roll out its most advanced AI chip platform, called Rubin, in 2026.
Nvidia announced a 10-for-1 stock split last month, making buying shares in the red-hot semiconductor company more accessible for individual investors.
Persons:
Wall, nudging, Apple’s, Jensen Huang, Rubin, Blackwell, ”, Angelo Zino
Organizations:
New, New York CNN, Nvidia, Apple, Microsoft, Tech, CFRA Research
Locations:
New York, Santa Clara