Nvidia Stock Hits Record after Alphabet Raise...

TMTPOST -- Nvidia Corporation stock on Thursday rose more than 1.7% to settle at $173.74, setting a new close record. Shares of the leading artificial intelligence (AI) chip company extended their gains after its major customer Alphabet Inc. boosted the capital spending plans this year, strengthening investors’ confidence in strong AI demand.

Credit：Google DeepMind

Alphabet in February has said it