The Nasdaq hit a record high, Nvidia's market cap crossed US$3 trillion, and in Australia CBA also touched a fresh record. Yet even as scepticism grows, there are few signs the equities bull run is under threat.
Nvidia
NASDAQ:NVDA
WiseTech Global founder Richard White claims he was imitated three times last week alone in an extortion attempt on his tech company.
It's been 12 months since the term was coined but investors are already toasting the demise of the market's latest supergroup.
Some mega caps are looking stretched but this fundie still believes one of its best performers has even further to run.
The H100 catapulted Nvidia to become the world's third-biggest company. On Monday night US time the company announced its successor.
The pressure is on for Jensen Huang to impress the markets at Nvidia's GTC developer conference.
The AI boom has propelled Nvidia to become the sixth most-valuable company in the world. Its chipmaker rivals want a bigger piece of the action.
