Nvidia's shares surge over 5% after $430 billion market slump - SABC News

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Nvidia News

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Bullishness on Nvidia was evident in the options market.

Shares of Nvidia were up over 5% on Tuesday, poised to snap a three-session tailspin that had erased about $430 billion from the artificial intelligence chipmaker’s market value.

Nvidia’s breathtaking rise and its position as the dominant provider of chips to support artificial intelligence applications have made it emblematic of this year’s tech-driven boom in US stocks.

 

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