NVIDIA Corp (NASDAQ:NVDA, ETR:NVD) shares hit a new record on Thursday, briefly reaching $140.89 during intraday trading, surpassing its previous high of $140.76 from June.
The stock closed at $136.93, marking a 1% increase, and valuing the business at $3.36 trillion.
Nvidia's rise is linked to strong demand for its AI-driven products; however, the stellar quarterly update from rival Taiwan Semiconductor Manufacturing Co (ADR) (NYSE:TSM) provided a near-term fillip.