After a series of announcements by CEO Jensen Huang about expanding its businesses, Nvidia Corp. (NASDAQ: NVDA) stock surged 4% to almost $62 per share. That put its market cap at $3.66 trillion, just shy of the $3.

Nvidia stock has outperformed the S&P 500 over the past two years. The chip designer has generated triple-digit earnings growth thanks to demand from artificial intelligence customers. Nvidia already has offered us proof of its ability to win as companies invest in AI.

NVIDIA (NASDAQ: NVDA) is still the most important stock after two-plus years of dominating the stock market. Its GPU technology unlocked the door to AI, and now NVIDIA is capitalizing on it using a full-stack method.

The boss of US computer chip giant Nvidia has unveiled the firm's next-generation of gaming chips, known as the RTX 50-series. The announcement was part of Jensen Huang's keynote address at CES, an annual technology show in Las Vegas.

Nvidia Corp. Chief Executive Officer Jensen Huang announced a raft of new chips, software and services, aiming to stay at the forefront of artificial intelligence computing.