Wall Street hunts for more AI gold post-Nvidia rally

A stunning rally by Nvidia spurred Wall Street to search for other AI-focused companies in hopes of catching outsized moves. — Reuters

MONEY managers are scrambling to cash in on the stock market’s interest in artificial intelligence (AI), as a stunning rally by Nvidia sparks a search for other companies that are capitalising on the technology.

Shares of Nvidia – whose chips are the gold standard in the AI industry – are up about 60% this year after tripling in 2023.

Limited time offer:
Just RM5 per month.

Monthly Plan


Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan


Billed as RM148.00/year

1 month

Free Trial

For new subscribers only

Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!


Next In Business News

Shore up water security
Ringgit opens slightly easier against US$ ahead of macro data
Topmix jumps 32% on ACE Market debut
Ancom Logistics to acquire environment solutions firm in RM120mil deal
Oil rises in early Asian trading, Middle East tensions remain in focus
FBM KLCI seen rebounding for a fifth consecutive day
Trading ideas: Nestle, Axis REIT, ITMAX, Kelington, Sapura Energy, AirAsia, Unitrade, Avaland, Powerwell, Iris, Paragon Globe
Wall St stocks end higher with major corporate earnings in view
VN-Index technical recovery hits speed bump
CNH picks Iveco Group’s Marx as new CEO

Others Also Read