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Nvidia Stock Hits Record High on AI and Supercomputing Deals

Nvidia Stock Hits Record High on AI and Supercomputing Deals

Author:

Global Cryptocurrency

Published:

2025-10-28 22:23:01

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BTCCSquare news:

Nvidia's stock surged 5% to an all-time high, approaching a $5 trillion market capitalization, following a series of strategic announcements at its GTC Conference. The semiconductor giant's dominance in AI infrastructure and expansion into telecom, autonomous vehicles, and quantum computing fueled investor optimism.

The company disclosed $500 billion in AI chip bookings over the next five quarters, underscoring relentless global demand for AI infrastructure. A $1 billion investment in Nokia aims to accelerate AI-native 5G and 6G network development, while partnerships with Oracle and Eli Lilly highlight Nvidia's growing influence in government supercomputing and pharmaceutical research.

By:

Nvidia Shifts AI Chip Production to U.S. Amid Geopolitical Tensions

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