Nvidia shares gain $80 billion in a single day

Nvidia shares rose 2.4% in today’s session, recording a new record close, as the company added $80 billion to its market value in a single day.

Nvidia became the second-largest company in the world after Apple after surpassing Microsoft with a market value exceeding $3.38 trillion.

The stock has risen 179% since the beginning of this year, due to the growing demand for artificial intelligence and advanced semiconductors.