The stakes are high as two of the biggest artificial intelligence players prepare to unveil results, a day after Meta Platforms Inc. alarmed investors with its forecast.
“A textbook story of a Big Market Delusion” is how the venerable founder of Research Affiliates called it, citing extreme valuations after the shares quadrupled in just a year.
Nvidia s shares rose to $510.14 in premarket trading, set to surpass a record high of $481.87 hit earlier this week. They have tripled in value this year.
International Business News: Shares of Nvidia, the AI bellwether, surged to a record high after the company announced better-than-expected quarterly revenue and a $25 billion buyb
Nvidia s shares have more than tripled this year, with the chipmaker at the center of a Wall Street technology rally fueled by optimism about the potential of AI.