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Nvidia Surges on 70% Revenue Forecast and Exclusive SpaceX AI Deal

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The Story

News Summary

  • Nvidia forecasts a massive 70% revenue increase by 2028, bolstered by an exclusive AI chip partnership with SpaceX and relentless tech-sector demand.
  • Strong Q2 earnings and multi-year supply bottlenecks reinforce Nvidia's market dominance, despite growing Bank of England warnings about potential AI market bubble risks.
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NVDA price history

212.17 +17.98% over the displayed period

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