Nvidia stock gained 9% last week. Shares of the artificial intelligence leader pared some early gains but remained near new highs on Monday. At the visual Generative AI event this week, Computer Vision and Pattern Recognition Conference, Nvidia researchers presented several papers on new tools to create and interpret images, videos and 3D applications.
Nvidia stock was down slightly Monday but has been in and out of positive territory. Nvidia shares were down 0.3% at $131.48 on Monday. Nvidia’s recent 10-for-1 stock split has helped the stock’s rally.
Stock Market Today: The Dow Jones dropped Monday, as the stock market eyed more new highs. Nvidia stock hit new highs, but reversed lower.