Nvidia stock up over 196% in 6 months as tech stocks rally on AI wave, recoup losses in 2023
Nvidia has witnessed an uptrend with its share price tripling to 196.36 per cent till July, especially after the company breached $1 trillion in market capitalization, making it the first US chipmaker to join the trillion-dollar club.
Nvidia Corp has led the global rally picked up by new-age tech stocks in 2023, rising as high as over 196 per cent in the first six months after artificial intelligence (AI) took center-stage this year. AI opened up a Pandora's Box of possibilities for new age tech stocks, with Nvidia riding the wave furthest till July 2023.
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