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NVDA Skyrockets on Stellar Earnings, Ignites Tech Rally

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The Story

News Summary

  • Nvidia (NVDA) shares surged 7.6% after the AI chip giant reported better-than-expected second-quarter results and provided strong revenue guidance, reassuring investors about the AI investment cycle.
  • This upbeat report, alongside Salesforce's (CRM) positive earnings, drove a broader market rally, particularly in technology and semiconductor stocks.
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NVDA price history

213.90 +21.13% over the displayed period

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