Following a prolonged period of decline, the stock price of Nvidia, the frontrunner in AI chips, has made a remarkable comeback. On April 27 (local time), Nvidia's (Nasdaq: NVDA) shares surged by 4% in a single trading day, closing at an all-time high of $216.61 per share, propelling its total market capitalization to a staggering $5.26 trillion. Presently, Nvidia sits atop the U.S. stock market value rankings, leaving Alphabet (the parent company of Google) with a market cap of $4.24 trillion and Apple with $3.93 trillion far behind.
