<p>NVIDIA's stock price closed at a record high on Monday, the first time in about four months, as investors continue to anticipate strong long-term demand trends for artificial intelligence. NVIDIA's stock price rose 2.4% to $138.07, breaking the record set in June. The stock has rebounded by 40% from its low point in August and has risen by 179% year-to-date. The surge in 2024 has increased the company's market value by over $20 billion. The recent strong performance of the stock is attributed to CEO Jensen Huang's remarks. He stated that demand for the Blackwell chip has reached a &#34;crazy&#34; level, alleviating concerns about the chip's delayed release due to engineering issues</p>

NVDA

<p>NVIDIA's stock price closed at a record high of $138.07 on Monday, up 2.4%. Investors expect strong long-term demand for artificial intelligence, driving the stock price up 40% from its low point in August and up 179% year-to-date. The stock price increase in 2024 has increased the market value by over $2 billion. CEO Jensen Huang stated that demand for Blackwell chips is "crazy," alleviating concerns about release delays</p>

NVIDIA's stock price closed at a record high, with investors expecting long-term strong demand for artificial intelligence