Nvidia shares, the AI chip leader who reported third-quarter earnings, turned lower and closed slightly higher after entering the $150 range during the day.
Nvidia shares, which had fallen to around 1% in after-hours trading after the announcement of its third-quarter earnings the previous day, succeeded in a reversal, closing at $146.67, up 0.53% from the previous day on the New York Stock Exchange.
The stock rose more than 2% at the start of the market, then crossed the $150 mark for the first time ever, rising to $152.89, and then turning downward, but ended the market higher as buying flowed in again.
It is the only rise among the seven major tech stocks, including Apple, Microsoft and Tesla, and it is interpreted as reflecting expectations for future growth, centering on the new AI chip Blackwell, which is going into full production.
"NVIDIA's high demand for graphics processing units is now a basic expectation," said asset manager BlueBox Asset Management. "It's a risk, but it's an interesting situation."
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Nvidia shares, which had fallen to around 1% in after-hours trading after the announcement of its third-quarter earnings the previous day, succeeded in a reversal, closing at $146.67, up 0.53% from the previous day on the New York Stock Exchange.
The stock rose more than 2% at the start of the market, then crossed the $150 mark for the first time ever, rising to $152.89, and then turning downward, but ended the market higher as buying flowed in again.
It is the only rise among the seven major tech stocks, including Apple, Microsoft and Tesla, and it is interpreted as reflecting expectations for future growth, centering on the new AI chip Blackwell, which is going into full production.
"NVIDIA's high demand for graphics processing units is now a basic expectation," said asset manager BlueBox Asset Management. "It's a risk, but it's an interesting situation."
※ 'Your report becomes news'
[Kakao Talk] YTN Search and Add Channel
[Phone] 02-398-8585
[Mail] social@ytn.co.kr
[Copyright holder (c) YTN Unauthorized reproduction, redistribution and use of AI data prohibited]
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