Nvidia (NVDA) is approaching this record mark again, putting the stock within striking distance of an all-time high. The company is up more than 8% over the past five trading sessions, and this week reported that the next 12 months of its Blackwell AI chips are already sold out.
Sheena Smith and Madison Mills look back at the tailwinds for the semiconductor giant since the late summer recession that hit the tech and semiconductor industries. Additionally, Nvidia-backed AI GPU (graphics processing unit) startup CoreWeave has secured a $650 million investment from major banks including JPMorgan Chase (JPM), Goldman Sachs (GS), and Morgan Stanley (MS). I received a line of credit.
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This post was written by Luke Carberry Mogan.
