On Tuesday, the U.S. stock market witnessed Nvidia leading the pack in terms of trading volume. Its stock price surged by 4.98%, soaring past the $200 mark to achieve a record high. The trading volume for Nvidia's shares amounted to $56.962 billion, propelling its market capitalization close to the $4.9 trillion threshold. At the GTC conference, Nvidia unveiled its latest breakthroughs in artificial intelligence and introduced the NVQLink system. Additionally, the company forged strategic partnerships with several firms and the U.S. Department of Energy.
Tesla's stock price experienced a 1.80% uptick, though its chairman expressed uncertainty regarding whether Musk's compensation package would garner shareholder approval.
Microsoft's shares climbed by 1.98%, with a trading volume of $16.195 billion. Following a structural reorganization and the signing of a cooperation agreement with OpenAI, its market capitalization surpassed the $4 trillion mark.
Apple's stock price saw a modest increase of 0.07%, with its market valuation briefly eclipsing $4 trillion during intraday trading.
Intel's stock price rose by 5.03%, with its CEO emphasizing a strategic focus on the engineering sector.
Other companies, such as Broadcom and PayPal, also witnessed a rise in their stock prices. PayPal announced a partnership with OpenAI, while SoFi Technologies delivered an outstanding performance.
Qualcomm's stock price took a hit as it prepared to team up with Nvidia to introduce new solutions. Similarly, Oracle's stock price dipped as it joined forces with Nvidia to construct an AI supercomputer for the U.S. Department of Energy.
