Stay updated with breaking news from Nvidia Corp. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The shares of the Santa Clara, California-based firm have rallied roughly 147% this year, adding about $1.8 trillion as the insatiable demand for its chips used to power artificial intelligence tasks skyrockets.
(Bloomberg) -- After a fresh torrent of inflows, actively run exchange-traded funds look poised for a record-breaking $260 billion haul this year as investors go beyond traditional benchmarks to ride alternative strategies, from selling options to riding cheap quant trades.Most Read from BloombergBehind ‘Suicide Squad,’ the Year’s Biggest Video-Game FlopReal Estate Investors Are Wiped Out in Bets Fueled by Wall Street LoansVietnam Tycoon Sentenced to Death Faces New Charges: MediaBillionaire-Fri
Fund sold Nvidia at $400, missing the surge to $1200.
Nvidia's market value has surged past $3tn (2.3tn), lifting the chipmaker ahead of Apple to become the second most valuable publicly listed company in the world.
Nvidia ETFs push the limits of the stock's rally heading into 10-for-1 stock split Friday.