“Stocks on the Rise as Nvidia Countdown Begins: Market Update – Yahoo Finance”

Stocks edged higher on Friday as investors eagerly awaited Nvidia’s highly anticipated unveiling of its latest graphics processing unit (GPU).

The tech giant is set to reveal its new GPU at a virtual event on Friday, with expectations running high for a powerful and game-changing product. Nvidia’s GPUs are used in a wide range of applications, from gaming to artificial intelligence, making it a key player in the tech sector.

Investors have been closely watching Nvidia’s stock in recent days, with shares up nearly 2% in pre-market trading. The company’s market cap has soared to over $500 billion, making it one of the most valuable companies in the tech industry.

The excitement surrounding Nvidia’s latest product launch comes as the broader market continues to show strength. The S&P 500 and Dow Jones Industrial Average both posted gains on Friday, with technology stocks leading the way.

Investors will be closely watching Nvidia’s event for any hints about the company’s future growth prospects. With the tech sector continuing to drive the market higher, Nvidia’s latest GPU could be a game-changer for both the company and the industry as a whole.

Overall, the markets are in a positive mood as the countdown to Nvidia’s event gets underway. With stocks edging higher and excitement building for the tech giant’s latest product launch, investors are hopeful for continued gains in the days ahead.