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Why Nvidia Stock Rallied on Thursday

TheMotleyFool

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Why Nvidia Stock Rallied on ThursdayPhoto, wide shot, wide-angle lens, Cloud computing provider, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/893880f6-c6d9-4518-b1a0-f0be05207ac4.png

Shares of Nvidia (NASDAQ: NVDA) surged on Thursday, jumping as much as 4.6%. As of 2:40 p.m. ET, the stock was still up 4.1%.

While the overall market rebound today no doubt added fuel to its rise, the catalyst that sent shares of the semiconductor specialist higher was a couple of product announcements that could boost future results.

Image source: Nvidia.

Source Fool.com

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