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Nvidia (NVDA) Soars on New AI Chip Launch as US500 Hits Record Highs

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The Story

News Summary

  • Nvidia surged 6% on the launch of a new AI chip for PCs, fueling a broader tech-led rally.
  • While the S&P 500 hit record highs, gains were narrowly concentrated in tech and energy, as investors brace for a massive wave of upcoming AI-focused IPOs.
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NVDA price history

218.29 +19.87% over the displayed period

Advisor Snapshot

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