Investors have been flocking to NVIDIA Corporation (NVDA) shares lately, with the stock price climbing to record highs. The graphics processor manufacturer has been on a steady rise, with the stock price more than doubling over the past 12 months, and reaching an all-time high of over $400 per share in early August.

The company’s success is attributed to its focus on developing technologies for the Artificial Intelligence (AI) and autonomous driving markets. NVIDIA has invested heavily in research and development, and the company’s efforts have paid off. In the first quarter of 2020, NVIDIA’s revenue increased by over 50%, largely due to the increasing demand for AI and autonomous driving technologies.

In addition to its AI and autonomous driving initiatives, NVIDIA has also been investing in cloud gaming technology. The company recently acquired streaming service provider, Geforce Now, which allows users to stream Games from the cloud. This has been a major factor in NVIDIA’s success, as more gamers are increasingly turning to cloud gaming services.

The company’s solid performance has been reflected in its stock price, which has been steadily increasing since the start of the year. Analysts expect NVIDIA’s shares to continue to climb, as demand for its products and services remain strong.

Investors have been piling into NVIDIA shares, as the company’s focus on AI and autonomous driving technologies have been paying off. With the stock price reaching record highs, investors have been reaping the rewards of their investments in NVIDIA. Although there is still some uncertainty in the markets, investors are confident that the company’s strong performance will continue.