Untouchable Nvidia hits yet another all-time high

Nvidia Corporation (NASDAQ:NVDA) stock hit another all-time high on Tuesday, in a sign that the bubble may not be over yet for the semiconductor megacap. Shares reached $563.89 at NASDAQ’s closing bell, bringing Nvidia’s market capitalisation to an eye-watering $1.39 trillion. Nvidia’s market valuation has tripled in the past 12 months thanks to an artificial intelligence premium. The company’s top-spec microchips became synonymous with the AI revolution after OpenAI used thousands of Nvidia H100 units to t ...