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News in English (USA) / 08.10.2024 / 22:00

Nvidia Stock Continues to Surge Amid Bullish Market Sentiment and AI Potential

Nvidia's stock is on a winning streak, heading for a fifth consecutive day of gains as Wall Street remains optimistic about the company's prospects in the AI sector. Despite some analysts predicting that Nvidia shares may remain range-bound for the rest of the year, others foresee significant upside potential, with projections suggesting the stock could reach as high as $165 by year-end. The tech market is being led by Nvidia, which has experienced a notable rally amid decreasing oil prices and varying responses from investors. Analysts highlight Nvidia's dominance in the AI market, viewing it as a strong investment prospect driving significant advancements in technology. As the company prepares for an upcoming AI summit, investor interest continues to rise, with many seeking opportunities to capitalize on its ongoing momentum.
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