Summary
- Nvidia was reported to have risen 1.8%% intraday after the US market open, renewing its record high.
- The advance in Nvidia (NVDA) shares was reported by Odaily, a crypto-focused media outlet.
- Expectations for expanded investment in artificial intelligence infrastructure and strength in semiconductor stocks continue to support Nvidia's rally.
Nvidia Corp. shares hit another intraday record high after US stock markets opened on May 12.
Crypto-focused media outlet Odaily reported that Nvidia rose 1.8% in intraday trading after the opening bell, setting a fresh all-time high.
Expectations for increased investment in artificial intelligence infrastructure and strength in semiconductor stocks continue to underpin Nvidia's gains, the market said.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
