Explainer-Why are Nvidia's shares soaring and what is its role in the AI boom?

FILE PHOTO The logo of technology company Nvidia is seen at its headquarters in Santa Clara California February 11 2015. REUTERSRobert Galbraith

FILE PHOTO: The logo of technology company Nvidia is seen at its headquarters in Santa Clara, California February 11, 2015. REUTERS/Robert Galbraith

(Reuters) - Chip designer Nvidia closed Tuesday with a trillion-dollar market value for the first time, part of a steady climb in the stock's price in recent months on the back of the artificial intelligence (AI) boom.

Here's an explainer on Nvidia and its role in powering the radical new technology.

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