NVIDIA Stock Blows Past $312 In Massive Stock Surge To Reach New All-Time High

NVIDIA Stock Blows Past $312 In Massive Stock Surge To Reach New All-Time High

4 years ago
Anonymous $-riAjkQg_1

https://wccftech.com/nvidia-stock-blows-past-312-in-massive-stock-surge-to-reach-new-all-time-high/

After the starting bell rang today, NVIDIA stock breached the $300 psychological barrier and blew past $312 to achieve a new all-time high for the company. NASDAQ:NVDA is currently creating support at this critical level and putting on the hurt to the shorts. This is something that the company's investors have been wishing for almost a year and a half and looks like Christmas has come early.

Up until September 2018, Jensen was putting out record quarters on record quarters and NVIDIA's stock seemed likely to breach the $300 level, taking it to new heights. Its GPUs had been powering the cryptocurrency boom for the past few years and GPGPU for AI was taking off as well. History, it transpired had different plans. A break in its record quarters preceded a collapse in the stock price. It was a bumpy ride for investors as the stock plummeted to $145 and recovered slowly as the company's next-generation graphics cards based on the Turing architecture were mostly deadpanned.