{"id":13455,"date":"2024-02-23T17:38:14","date_gmt":"2024-02-23T16:38:14","guid":{"rendered":"http:\/\/costops.com\/index.php\/2024\/02\/23\/why-has-nvidia-driven-stock-markets-to-record-highs\/"},"modified":"2024-02-23T17:38:14","modified_gmt":"2024-02-23T16:38:14","slug":"why-has-nvidia-driven-stock-markets-to-record-highs","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2024\/02\/23\/why-has-nvidia-driven-stock-markets-to-record-highs\/","title":{"rendered":"Why has Nvidia driven stock markets to record highs?"},"content":{"rendered":"<p>What you need to know about the company, its importance to AI and whether the stock market boom is sustainable<\/p>\n<p>Investor excitement over artificial intelligence reached a new peak this week when better-than-expected <a href=\"https:\/\/www.theguardian.com\/technology\/2024\/feb\/21\/nvidia-revenue-ai-artifiical-intelligence\">results from chipmaker Nvidia<\/a> drove stock markets in three continents to <a href=\"https:\/\/www.theguardian.com\/business\/2024\/feb\/22\/japan-nikkei-european-shares-record-highs-ai-nvidia-stoxx-600\">record highs<\/a>.<\/p>\n<p>The rally began on Thursday and continued into Friday, as Nvidia overtook Google\u2019s parent group, Alphabet, to become the third most valuable company in the US. Its market capitalisation hit $2tn (\u00a31.58tn), surpassed only by Microsoft and Apple.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2024\/feb\/23\/why-has-nvidia-driven-stock-markets-to-record-highs\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/a97b5ed0c7a0068f423d34a9a38fbb8cccfc766a\/0_275_8256_4954\/master\/8256.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=cdd9e00fa12623a3eeaea82bad57fafb\" title=\"Why has Nvidia driven stock markets to record highs?\" \/>What you need to know about the company, its importance to AI and whether the stock market boom is sustainable<br \/>\nInvestor excitement over artificial intelligence reached a new peak this week when better-than-expected results from chipmaker Nvidia drove stock markets in three continents to record highs.<br \/>\nThe rally began on Thursday and continued into Friday, as Nvidia overtook Google\u2019s parent group, Alphabet, to become the third most valuable company in the US. Its market capitalisation hit $2tn (\u00a31.58tn), surpassed only by Microsoft and Apple. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What you need to know about the company, its importance to AI and whether the stock market boom is sustainable Investor excitement over artificial intelligence reached a new peak this week when better-than-expected results from chipmaker Nvidia drove stock markets in three continents to record highs. The rally began on Thursday and continued into Friday, &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2024\/02\/23\/why-has-nvidia-driven-stock-markets-to-record-highs\/\"> <span class=\"screen-reader-text\">Why has Nvidia driven stock markets to record highs?<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":13456,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/13455"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=13455"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/13455\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/13456"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=13455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=13455"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=13455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}