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Why are AI chip stocks soaring? Is the rally sustainable?
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Nvidia is now the world’s biggest maker of the specialised chips needed to power generative AI, a new generation of AI technology.
PHOTO: REUTERS
SINGAPORE – Chipmaker Nvidia briefly touched a stock market valuation of US$1 trillion ($1.35 trillion)
The shares began trading at around US$397 apiece on Wednesday, giving it a market valuation of US$988.7 billion.
