Recently, NVIDIA, the world’s most valuable publicly traded company, has seen a remarkable rally in its stock price, climbing for ten consecutive trading days with a cumulative increase exceeding 18%. This marks the longest winning streak for the company since 2023. By the close of trading on Tuesday, the stock price rose an additional 3.8%, reaching $196.51 per share. Over the course of ten days, NVIDIA’s market capitalization increased by $761.5 billion (approximately RMB 5.19 trillion). The upward trajectory of NVIDIA’s stock price can be attributed to advancements in artificial intelligence technology and an explosion in market demand, as tech giants have been purchasing its chips in succession. At last month’s GTC conference, NVIDIA’s CEO disclosed that total GPU orders are projected to surpass $1 trillion by 2027. Furthermore, despite official denials of acquisition rumors, market enthusiasm remains unabated. NVIDIA also announced the launch of its new generation of open-source model series, "Ising," aimed at promoting the widespread adoption of quantum computing.
