Nvidia, chip stocks rebound as Piper Sandler calls out 'tremendous opportunity' after sell-off

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Piper Sandler,Harsh Kumar,Market Meltdown

Nvidia extends its gains following a bullish note from Piper Sandler analysts.

) stock rose more than 2% early Wednesday amid a broader gain in chip stocks after Piper Sandler analysts pointed investors to a "tremendous opportunity" to buy shares of the chip giant after falling more than 25% from recent highs.

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