|Day's range||46.50 - 46.50|
Graphics chip giant Nvidia is diving headlong into the hype surrounding generative AI platforms like ChatGPT.
What happened Shares of Amazon (NASDAQ: AMZN) climbed higher on Tuesday, adding as much as 2.8%. As of 2:51 p.m. ET, the stock was still up 2.6%. While the broader market updraft no doubt adding fuel to its rise, the catalyst that sent the e-commerce titan higher was an announcement regarding a collaboration with Nvidia (NASDAQ: NVDA).
Stocks were moderately higher Tuesday, as investors contemplated the ongoing banking crisis and what it means for the broader market in the days and weeks to come. Market watchers temporarily shifted their focus to advances in artificial intelligence (AI) and how those developments might represent long-term opportunities for investors. With that as a backdrop, Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) rose 3.1%, Palantir Technologies (NYSE: PLTR) rose 3.5%, and C3.ai (NYSE: AI) jumped 5.7% as of 1:47 p.m. ET on Tuesday.