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Why Nvidia Stock Rallied on Tuesday

TheMotleyFool

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Shares of Nvidia (NASDAQ: NVDA) were off to the races on Tuesday, climbing as much as 5%. As of 10:27 a.m. ET, the stock was still up 4.6%.

The catalyst that sent the artificial intelligence (AI) chipmaker higher was news that the company could regain access to one of its most important markets, which sent Wall Street analysts scrambling to update their price targets.

Image source: Nvidia.

Source Fool.com

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