10 Consecutive Rallies on AI Optimism
Surpassing the Previous High from 3 Months Ago

The stock price of 'NVIDIA,' a graphics processing unit (GPU) designer, has hit a new all-time high again. The stock price has surged 246.8% compared to the beginning of this year, and its market capitalization has reached $1.227 trillion (approximately 1,603 trillion KRW).


On the 14th (local time) at the New York Stock Exchange, NVIDIA closed at $496.56 (about 650,000 KRW), up 2.13% from the previous trading day. NVIDIA's stock price is currently on a 10-day winning streak. It has already surpassed the previous high of $493 recorded on August 31, firmly establishing itself in the 'trillion-dollar club' in terms of market cap.


NVIDIA's next-generation H200 artificial intelligence (AI) semiconductor <span>[Image source=NVIDIA]</span>

NVIDIA's next-generation H200 artificial intelligence (AI) semiconductor [Image source=NVIDIA]

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NVIDIA's year-to-date stock price increase is a cumulative 246.88%, the highest among S&P 500 stocks.


NVIDIA is considered the biggest beneficiary of the generative artificial intelligence (AI) boom. The A100 and H100 GPUs designed by the company are suffering from chronic supply shortages due to soaring demand.


For example, the retail price of the H100 was around $25,000 (about 32 million KRW), but in the secondhand market, it is reported to be traded for up to $50,000 (about 64 million KRW) per unit.


Meanwhile, NVIDIA raised investors' expectations by unveiling the next-generation AI-dedicated semiconductor 'H200' on the 12th. The H200 is differentiated from previous generation products in that it is specialized for generative AI training.


NVIDIA has not yet provided detailed specifications or performance analysis charts for the H200. However, it revealed that the chip's AI training speed is up to twice that of its predecessor, the H100, it is equipped with next-generation HBM3e memory, and it is scheduled to be released to the market in the second quarter of next year.



The H200 has already established solid partnerships with big tech companies. In the second quarter of next year, NVIDIA's hardware collaboration partners and major cloud service providers such as Amazon.com, Alphabet (Google), and Microsoft plan to offer the H200 through their respective clouds.


This content was produced with the assistance of AI translation services.

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