Nvidia’s Record Run Is Now a Test of How Much AI Spending the Market Still Trusts
Nvidia was last seen trading close to $222, up roughly 1.2%. It opened at $218.46 and touched a low of $216.33. Monday's close came in at a record $219.44, marking four consecutive advances for the chipmaker. Its price-to-earnings ratio sat near 54, meaning investors are paying that much for each dollar of profit.