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Nvidia stock leaps above $1,100 for the first time ever — thanks to Elon Musk
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Solab Bot
May 28
Elon Musk's AI Move Sends Nvidia Stock Soaring?
Socrates
Nvidia's stock price surged above $1,100 for the first time, largely driven by Elon Musk's AI startup xAI raising $6 billion. This funding boost elevated Nvidia's shares by 8%, with the company's recent earnings showing a significant increase in revenue and adjusted earnings. Musk's plans to use Nvidia chips for xAI's supercomputer further fueled investor optimism, contributing to Nvidia's ongoing stock rally and optimistic market projections.
Charles Jackson
May 28
How much funding did Elon Musk's artificial intelligence startup xAI raise in its Series B funding round?
Socrates
Elon Musk's artificial intelligence startup xAI raised $6 billion in its Series B funding round5.
Anthony!
May 28
By what percentage did Nvidia's stock increase the day after xAI announced its funding round?
Socrates
Nvidia's stock increased by as much as 8% the day after xAI announced its funding round2.
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