Nvidia’s 45% Surge in Just Two Months Shows AI Frenzy Is Back
Investors are betting that the rally has room to run further.
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Nvidia shares have staged a more than $1 trillion rebound in two months — and investors are betting that the rally has room to run.
Last week’s earnings report assuaged some key investor concerns: particularly whether US restrictions on the sales of advanced semiconductors in China would derail Nvidia’s rapid revenue growth as well as the outlook for artificial intelligence spending, and the firm’s ability to expand supply of its newest Blackwell chips.