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Nvidia Results Validate AI Boom, Boost Tech Infrastructure Stocks

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Nvidia's strong earnings validate the AI infrastructure trade, indicating tight supply and benefiting memory, networking, and cloud providers.
  • While Asian memory stocks rallied, future growth depends on AI demand absorbing increased supply capacity.
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NVDA price history

214.71 +21.59% over the displayed period

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