Nvidia surged past Apple to claim the top spot among the world’s most valuable companies by market cap this week, with shares hitting an all-time high of over $146. The company’s stock has tripled this year due to surging demand for AI chips, including Nvidia’s new Blackwell GPUs. The first lower level to watch sits at $144, an area on the chart just below Wednesday's closing price where the shares may encounter support near a period of consolidation positioned around the prior all-time high.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02NVIDIA surged past Apple to claim a top spot among the world's most valuable companies
00:06by market cap this week, with shares hitting an all-time high of over $146.
00:12The company's stock has almost tripled this year due to surging demand for AI chips,
00:16including NVIDIA's new Blackwell GPUs.
00:18The first lower level to watch sits at $144, an area on the chart just below Wednesday's
00:24closing price where the shares may encounter support near a period of consolidation
00:28position around the prior all-time high.
00:30For all things money, visit benzinga.com slash gstv