Why Nvidia Stock Popped 13% in July
Nvidia made history last month by becoming the first company with a market cap of $4 trillion. This move cemented Nvidia's position as the world's most valuable company, beating out other tech heavyweights, including Microsoft and Apple. Nvidia has become the poster child for the accelerating adoption of AI, as its graphics processing units (GPUs) underpin the technology. Another big development helped propel the stock higher. In a blog post published on July 14, Nvidia CEO Jensen Huang announced the compan ...