Nvidia Stock Nears Record High. Why CEO Huang's Speech Is Key. -- Barrons.com

Dow Jones
06-11

By Elsa Ohlen

Nvidia investors were in a wait-and-see mode as they monitored the company's artificial-intelligence developer conference in France.

Shares were edging down as CEO Jensen Huang took the stage at GTC Paris at VivaTech early Wednesday. The stock slipped 0.1% to $143.80 in premarket trading, holding steady as Huang spoke about the future of AI and the company's strides in developing supercomputers.

Nvidia stock closed 0.9% higher Tuesday, edging closer to its all-time high hit on $149.43 reached on Jan. 6.

Futures tracking the S&P 500 and the Nasdaq were falling.

The next catalyst could finally push the stock to a record.

Huang has been on a European tour, visiting London earlier this week to announce AI investments in the U.K. He visited Sweden a week ago and the company announced a partnership with a German research center to develop a supercomputer.

Write to Elsa Ohlen at elsa.ohlen@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

June 11, 2025 06:02 ET (10:02 GMT)

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