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As of the close on January 24 at 8:00 PM GMT-5, NVIDIA Corp finished trading at 142.62 USD, marking a solid gain of +6.21 USD (4.55%) over the past five days.
During regular trading hours, the stock opened at 148.37 USD and reached an intraday high of 148.97 USD, showcasing a surge in buying interest. However, the price also dipped to an intraday low of 141.88 USD, indicating some volatility. Post-market activity saw the stock trading at 142.02 USD, down 0.60 USD (0.42%), which suggests a minor correction in after-hours trading.
NVIDIA’s market capitalization stands at 3.49 lakh crore USD, highlighting its status as one of the most valuable companies in the technology sector. These gains can be attributed to Trump’s announcement of a private investment of $500 billion on AI which caused several tech-sector stocks to rise during the early half of the week. However, the chip-company’s stock was falling on Friday, as Meta revealed its investment plans regarding AI.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.