Here's Why Nvidia Stock Popped Today
Nvidia (NASDAQ: NVDA) stock has been treading water over the last six months. Until today, that is. As of 12:23 p.m. ET, shares have jumped 4.4% today, providing nearly the entire gain the stock has realized over the past half year.
Today's move came after news that the artificial intelligence (AI) leader is partnering with glass and optical company to build three new cutting-edge manufacturing plants located in North Carolina and Texas. The news is another example of Nvidia spearheading all aspects of AI infrastructure build-out, and astute Nvidia investors may have seen it coming, too.
Source Fool.com
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