The world s most valuable chipmaker saw its market value expand by an unprecedented $296.52 billion to about $1.52 trillion, surpassing its previous high of $248.23 billion in gains seen in May 2023.
Nvidia stock rose to a fresh all-time high Tuesday, as the artificial intelligence heavyweight continues to provide market-beating gains for investors in the new year .
Nvidia has watched the stock market’s recent rally on the sidelines, but analysts believe the company’s historically cheap valuation represents an opportunity for investors.