Nvidia Surges Amid Market Choppiness

Fundstrat Direct Team

“There are no shortcuts to any place worth going.” ~ Beverly Sills

Good evening,

Nvidia ($NVDA), which had been consolidating since February, soared this week after once again reporting stellar quarterly results and releasing ebullient guidance. The dominant producer of AI chips has grown to a nearly $2.7 trillion market cap – larger than the respective GDPs of all but seven countries. Consequently, although much of the rest of the market saw choppy trading this week, Nvidia's outsi...

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