Why Nvidia Stock Popped Monday
Nvidia (NASDAQ: NVDA) has seen explosive growth for its advanced semiconductor chips. The artificial intelligence (AI) leader made a major announcement today that will supplement that growth.
Nvidia and AI research organization and ChatGPT developer OpenAI have created a new strategic partnership that could be a win-win for both companies. That helped Nvidia's stock surge as much as 5.3%. As of 2:10 p.m. ET, shares were 3.4% higher than Friday's closing price.
Source Fool.com