Nvidia adds $100 billion in 10 days; How high can NVDA go?

In the first 10 days of 2024, the stock of the semiconductor giant Nvidia (NASDAQ: NVDA) has been shooting up. The price movements come after a year of strong performance – both on the business and the stock market side – and in the climate of continued industry dominance, including for the chips for the booming artificial intelligence (AI) sector.Since New Year’s Day, the shares of Nvidia are up 7.90% and stood at, at the market close on Tuesday, January 9, at $531.40, having risen 1.70% in a day. The comp ...