Nvidia Stock Climbs To Record Close Monday [Yahoo! Finance]
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Source: Yahoo! Finance
Key Takeaways Nvidia shares climbed to close at an all-time high Monday. The gains came after Nvidia supplier Foxconn posted record fourth-quarter revenue. CEO Jensen Huang is also set to deliver the opening keynote at a major consumer electronics show Monday evening. Nvidia ( NVDA ) shares climbed to close at an all-time high Monday after Taiwan's Foxconn reported record fourth-quarter revenue Foxconn, a key supplier for Nvidia, Apple ( AAPL ), and many other tech giants, posted fiscal fourth-quarter revenue that grew 15% year-over-year, driven by booming demand for artificial intelligence (AI) Nvidia's stock price rose 3.4% to finish at $149.43 Monday, topping its previous record close of $148.88 set Nov. 7. Shares have nearly tripled in value over the past 12 months. Investors are also looking ahead to CEO Jensen Huang's opening keynote at a major consumer electronics show on Monday, set to start at about 9:20 p.m. ET. Analysts expect Nvidia to raise sales expectatio
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