Nvidia shares rose early Monday, on pace for their first record high since November, ahead of two events that investors will watch this week.
Nvidia’s stock, recently up more than $3 to over $508, will set a new record if they close above $504.99. The shares are up more than 220% over the past 52 weeks.
Nvidia’s web site notes two events this week: an appearance at a healthcare conference today at 1:30 p.m. ET, and a “virtual fireside chat” tomorrow at 11 a.m.
An index of chip stocks also rose Monday morning.