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Nvidia is nearing a record high. This is what's driving it.

Nvidia's stock surged 24% in a month, driven by OpenAI's $6.6 billion funding and ongoing demand for AI computing, signaling renewed confidence in AI.

By: Business Insider

Oct 11 2024
80
8458 Views

Nvidia is nearing a record high. This is what's driving it.

Jensen Huang, CEO of NVIDIA, arrives for the Inaugural AI Insight Forum in Russell Building on Capitol Hill, on Wednesday, September 13, 2023.Tom Williams/CQ-Roll Call/Getty Images

Nvidia's … [+4670 chars]

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OpenAI backs robots, Amazon and Palantir's defense deal, Saudi Arabia's $100 billion bet: This week's AI launches