Stocks
Nvidia Smashes Records with Record-High Stock Price
Nvidia's stock price touched a record high of $237.55 on Friday, pushing its market value to around $5.7 trillion.
The company's recent financial results showed strong growth in its AI infrastructure business, with revenue increasing 106% year-over-year and Data Center revenue up 117%.
Nvidia expects its third-quarter revenue to be around $108 billion, and has returned about $26 billion to shareholders through buybacks and dividends so far this quarter.