Nvidia falls short of May record as value nears $6 trillion

Nvidia falls short of May record as value nears $6 trillion

The stock’s rise extended a 23% rally from a late July low when fears surrounding the outlook for artificial intelligence pressured the chip developer’s stock.

Nvidia Corp. shares touched an intraday high for the first time since May before trimming those gains and closing just short of a record as investors piled back into the stock after a two-month selloff that wiped out more than $1 trillion of market v... [1488 chars]

Published by: Moneycontrol

Read full article here: https://www.moneycontrol.com/news/business/nvidia-falls-short-of-may-record-as-value-nears-6-trillion-14043644.html

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