Shares of NVIDIA Corporation (NVDA) have been on a tear in recent weeks, as the company continues to benefit from the explosive growth in demand for its graphics processing units (GPUs). The stock has been climbing steadily since the start of 2021, and recently set a new record high of $619.80 per share.

The stock’s impressive performance is being driven by increasing demand for NVIDIA’s high-end GPUs, which are used in a wide range of applications, from gaming to artificial intelligence and machine learning. NVIDIA’s GPUs have become the go-to choice for gaming enthusiasts, as well as for data centers looking to power their AI and ML applications.

In addition, the company is benefiting from its investments in the automotive market. NVIDIA has developed a sophisticated platform for self-driving cars, and its products are being used in many of the world’s leading autonomous vehicles. This has helped the company to become a major player in the rapidly growing autonomous driving industry.

Analysts are expecting that NVIDIA’s share price could continue to climb in the coming months, as the company continues to benefit from the strong demand for its GPUs. Furthermore, investors are betting that the company’s investments in the automotive sector will continue to pay off, as the autonomous driving market continues to expand.

Overall, NVIDIA has been a great investment for investors in 2021. The company’s GPUs have been in high demand, and its investments in the automotive sector have put it in a strong position to benefit from the growth of the autonomous driving industry. With the stock continuing to set record highs, NVIDIA is a great pick for investors looking to capitalize on the booming tech sector.