Nvidia stock hits all-time high as CEO hints at new AI breakthrough

forbes.com

Nvidia's stock reached a new all-time high following CEO Jensen Huang's speech, where he hinted at a significant advancement in artificial intelligence. This announcement also boosted shares of Aurora, Micron, and Uber. Huang mentioned that a "ChatGPT moment" for general robotics is approaching, referencing the excitement generated by OpenAI's ChatGPT in 2022. Nvidia's market value is now $3.7 trillion, just 1% shy of surpassing Apple as the world's most valuable company. The company has seen its stock rise over 2,000% in the past five years.


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