TechCrunch reports: “Nvidia shares hit a record high on Monday, closing at $138.07 as Wall Street anticipates earnings updates from Microsoft, Meta, Google and Amazon on their AI infrastructure spending. The stock’s climb has been stupefying — surging nearly 180% this year, following a rapid climb last year; it’s also a reflection of Nvidia’s renowned stronghold on the AI chip market, 70% to 95% of which is controlled by the outfit, per estimates by Mizuho Securities.”
