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Why Nvidia Stock Popped 13% in July

TheMotleyFool

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Why Nvidia Stock Popped 13% in JulyPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, sunset photo at golden hour, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/7835e381-fcae-4834-ba93-4708292dc055.png

Shares of Nvidia (NASDAQ: NVDA) surged in July, jumping 12.6%, according to data supplied by S&P Global Market Intelligence.

The catalysts that sent the semiconductor specialist higher were ongoing developments in the field of artificial intelligence (AI) and a new benchmark for the stock.

Nvidia's GB200 Grace Blackwell Superchip. Image source: Nvidia.

Source Fool.com

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