semiconductor / news / / The Dallas Morning News
N Nvidia Corp. shares rose to their first record in months on Friday.
Nvidia shares reached a new record, surpassing highs last seen in October.
KEY POINTS
- Nvidia's market capitalization exceeded $5 trillion, consolidating its position as the world's most valuable company.
- The Philadelphia semiconductor index recorded an 18-session winning streak, rising 47% in that time.
- Nvidia is responsible for about 20% of the S&P 500 Index’s 4.7% year-to-date gain.
- Quarterly results from Microsoft, Amazon, Alphabet, and Meta next week are expected to clarify AI spending trends.
COMPANIES
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