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International Business Times
International Business Times
Business

NVIDIA Stock Climbs 1.2% to $200 as AI Demand Fuels Continued Momentum in Chip Sector

Nvidia Jensen Huang Intel Corporation Nasdaq Artificial Intelligence
Jensen Huang, CEO of Nvidia

NVIDIA Corp. shares rose more than 1% Friday, climbing to $200.67 in midday trading on the Nasdaq as investors continued to bet on the company's dominance in artificial intelligence infrastructure, even amid broader market volatility and upcoming supplier earnings reports.

The stock gained $2.32, or 1.17%, by 1:05 p.m. EDT, extending a recent winning streak and trading well above key technical levels. Volume remained robust as traders reacted to positive sentiment around NVIDIA's Blackwell platform ramp and expectations for sustained AI spending by major cloud providers and enterprises.

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