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AI giant Nvidia’s stock jumps after strong second quarter earnings

AI giant Nvidia’s stock jumps after strong second quarter earnings

Summary

Nvidia’s stock price rose by about 8.5% on Thursday after it announced strong earnings for the second quarter of the year. The company’s shares went above $227, up from under $190 at the start of the year.

Key Facts

  • Nvidia reported strong earnings for the second quarter of this year.
  • On Thursday, Nvidia’s stock increased around 8.5%.
  • The stock price went above $227 per share after the earnings announcement.
  • At the beginning of the year, Nvidia’s stock was trading below $190 per share.
  • The earnings report positively influenced investor confidence in Nvidia.
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