Since 2024 began, Nvidia has s

Since 2024 began, Nvidia has surged by 11.3%, according to data provided by S&P Global Market Intelligence. New uses for NVDA chips: at the J.P. Morgan conference, Nvidia revealed how computer aided drug discovery will accelerate progress similar to how computer aided design (CAD) did for chip design. NVDA's BioNeMo AI platform for drug discovery has already been deployed by an Amgen subsidiary for its genomics foundation molecular models. That, along with new gaming, generative AI, and robotics innovations revealed at the CES--we're doing fine. Go Long. $NVIDIA Corp(NVDA)$

Semi Rally: AI Hype to Next Level?

Nvidia stock jumped over 6% on January 8 after a series of announcements at Consumer Electronics Show (CES), which included new chips for generative AI technologies, PCs and gaming, and new partnerships. AMD stock was also up over 5%; the whole semiconductors sector closed green (SOXX +3.26%) ------------------------ [DISCUSSION] With Nvidia's share reaching a fresh all-time high, will it bring the AI hype to a new level? Is AI still the investing theme of 2024?

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