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Nvidia Hits $5T
Description
Nvidia shares closed at a record for the first time since October, pushing its market cap past $5 trillion. The stock rose 4.3% to $208.27, up more than 14-fold since end of 2022. The rally followed stronger-than-expected Intel results, which sent Intel shares up 24% and lifted chipmakers broadly. AMD rose 14% and Qualcomm gained 11%. The Nasdaq is up 15% in April.
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