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Nvidia Jumps as Dell AI Backlog Surges and JPMorgan Hikes Target to $320

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The Story

News Summary

  • Nvidia shares climbed over 4% following blowout earnings and a $95 billion AI backlog from Dell Technologies, underscoring resilient AI infrastructure demand.
  • Sentiment was further bolstered by JPMorgan lifting its price target to $320 and Nvidia's strategic $3.5 billion partnership with MediaTek.
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NVDA price history

218.29 +19.87% over the displayed period

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