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Nvidia (NVDA) shares inched higher on April 8 as the two-week ceasefire agreement between the U.S. and Iran sparked a significant risk-on rally across the tech sector.
Adding to momentum was a bullish note from Wedbush Securities that argued this geopolitical de-escalation will accelerate institutional inflows into NVDA as investors pivot away from defensive havens and back into high-growth artificial intelligence (AI) leaders.