Author(s)

Yuyu Zheng ¹, Yiqi Feng ²

Affiliation(s)

¹ School of Management and Economics, The Chinese University of Hong Kong (Shenzhen), Shenzhen, Guangdong, 518000, China
² Beijing Open Economy Research Institute, University of International Business and Economics, Beijing, 100105, China

Corresponding Author

ABSTRACT

This research examines the impact of ChatGPT releases on the graphics card manufacturer NVIDIA and finds that there is a significant positive cumulative abnormal return in NVIDIA's stock price during the event window around the release of ChatGPT-3.5 and ChatGPT-4 by difference methods. Furthermore, the research also delves into the potential influence of ChatGPT on investors' investment decisions.

KEYWORDS

CITE THIS PAPER

Yuyu Zheng, Yiqi Feng, Impact of ChatGPT Release on High-tech Company, Evidence of NVIDIA's Stock. Financial Engineering and Risk Management (2024) Vol. 7: 75-81. DOI: http://dx.doi.org/10.23977/ferm.2024.070211.

REFERENCES

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