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Nvidia (NVDA) Gains as Alphabet’s AI Spending Surge Boosts Chipmakers

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The Story

News Summary

  • Nvidia shares rose 2% after Alphabet announced doubling its capital spending focused on AI, boosting Nvidia and Broadcom.
  • Despite this, Nvidia's sentiment stayed neutral due to concerns about its China business, while Alphabet's stock dipped slightly post-announcement.
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NVDA price history

210.96 +18.92% over the displayed period

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