---
title: "NVIDIA's stock price closed at a record high, with investors expecting long-term strong demand for artificial intelligence"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/216784639.md"
description: "NVIDIA's stock price closed at a record high of $138.07 on Monday, up 2.4%. Investors expect strong long-term demand for artificial intelligence, driving the stock price up 40% from its low point in August and up 179% year-to-date. The stock price increase in 2024 has increased the market value by over $2 billion. CEO Jensen Huang stated that demand for Blackwell chips is \"crazy,\" alleviating concerns about release delays"
datetime: "2024-10-14T20:41:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/216784639.md)
  - [en](https://longbridge.com/en/news/216784639.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/216784639.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/216784639.md) | [繁體中文](https://longbridge.com/zh-HK/news/216784639.md)


# NVIDIA's stock price closed at a record high, with investors expecting long-term strong demand for artificial intelligence

NVIDIA's stock price closed at a record high on Monday, the first time in about four months, as investors continue to anticipate strong long-term demand trends for artificial intelligence. NVIDIA's stock price rose 2.4% to $138.07, breaking the record set in June. The stock has rebounded by 40% from its low point in August and has risen by 179% year-to-date. The surge in 2024 has increased the company's market value by over $20 billion. The recent strong performance of the stock is attributed to CEO Jensen Huang's remarks. He stated that demand for the Blackwell chip has reached a "crazy" level, alleviating concerns about the chip's delayed release due to engineering issues

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