NVIDIA Corporation Stock Could Make You Rich In 2023?

Nvidia gained 3% in July, beating the Nasdaq Index, and has soared 200% this year, hitting a market cap of over $1 Trillion. Nvidia is the first chip making company to reach the $1 Trillion mark. The primary reason for this rise of NVDA stock is artificial intelligence.

NVIDIA Corporation has been hitting higher highs and keeping its momentum. NVDA climbed to the $480.88 level from the low price of $108.13 in 52 weeks. Its average volume for the past 3 months is 47.89 million.