Why Nvidia Stock Joined the Tech Party Today
Shares of Nvidia (NASDAQ: NVDA) were among the big tech winners today as the AI chip leader was able to ride the coattails from Meta Platforms (NASDAQ: META) and Amazon (NASDAQ: AMZN), which both jumped today. Not coincidentally, both companies are major Nvidia customers as they are each making their own push into AI.
The strong reports seemed to set off a virtuous cycle in the tech sector and lifted Nvidia shares as the chipmaker is the key supplier in AI infrastructure, and euphoria is again pushing up AI stocks.
As of 2:34 p.m. ET, the stock was up 5%.
Source Fool.com
Meta Platforms Inc. Aktie
482,65 €
3,44 %
Leichte Buy-Präferenz bei der Meta Platforms Inc. Aktie.
Ein Kursziel von 645 € für Meta Platforms Inc. würde eine Steigerung von mehr als 20% gegenüber dem aktuellen Kurs von 482.65 € bedeuten.
