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Nvidia Shares Soar to New High on AI Optimism

Guavy AI Editorial Team
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NVDA
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Nvidia shares have reached a new record high since May after a two-month decline that wiped over $1 trillion from its market value.

The company's stock rose by 2.9% on Friday, extending its nearly 25% gain from its low in late July when concerns about artificial intelligence impacted the stock.

This rally comes as investors regain confidence in Nvidia after a significant selloff that left many wondering about the outlook for AI technology.

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