Nvidia Closes In On Record $5 Trillion Valuation After Spree Of Product And Partnership News

Nvidia is closing in on a record $5 trillion market value after a spree of announcements Tuesday lifted its shares another 5%. The company introduced a raft of innovations during its annual GTC event (which is short for GPU Technology Conference, a reference to Nvidia’s core product, the graphics processing unit). Partnerships with Uber, Palantir, Nokia and Oracle were unveiled, as were initiatives across computing, robotics, vehicles, medicine, telecom and other areas. Clad in his customary all-black ens ...