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Nvidia Shares Gain Another 2% With the Upcoming Shareholder Meeting

Nvidia will convene itsannual shareholder meeting on Wednesday, with investors set to vote on executive compensation, board re-election, and ratifying an accounting firm. The shares gained another 2% in premarket trading Wednesday.Shares of Nvidia surged nearly 7% on Tuesday, snapping out of a three-session tailspin that had erased about $430 billion from the artificial intelligence chipmaker's market value.Nvidia's shares finished at $126.09, after a tumble that saw them lose around 13% from th

Nvidia Shares Gain Another 2% With the Upcoming Shareholder Meeting

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The shares gained another 2% in premarket trading Wednesday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c16e4da7752b6ed933903367e3433bc5\" tg-width=\"866\" tg-height=\"628\"/></p><p>Shares of Nvidia surged nearly 7% on Tuesday, snapping out of a three-session tailspin that had erased about $430 billion from the artificial intelligence chipmaker&#39;s market value.</p><p>Nvidia&#39;s shares finished at $126.09, after a tumble that saw them lose around 13% from their June 18 close of $135.58. The drop followed a rally that accelerated after a 10-for-1 stock split that took effect on June 10.</p><p>Shares of Nvidia, which last week briefly became the world&#39;s most valuable company, are up 154% this year and have accounted for nearly 30% of the S&amp;P 500&#39;s year-to-date return as of Monday&#39;s close, according to S&amp;P Dow Jones Indices. 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