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NVDA Soars on Blockbuster Earnings; AI Rally Broadens to Hyperscalers

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The Story

News Summary

  • Nvidia (NVDA) reported blowout Q2 results, beating revenue and EPS estimates while providing strong guidance.
  • Analyst Dan Ives suggests the AI boom continues, with hyperscalers like Microsoft, Amazon, and Google, alongside software and cybersecurity firms, set to benefit as investors seek the next phase of growth.
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NVDA price history

218.29 +19.87% over the displayed period

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