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Nvidia Rises To All-Time High Headed Into Earnings; Is Nvidia A Buy Now?

VIDYA RAMAKRISHNAN
·5 min read
Nvidia Rises To All-Time High Headed Into Earnings; Is Nvidia A Buy Now?

Artificial intelligence chip leader Nvidia again broke out at a proper buy point of 140.76 on Wednesday and rose to an all-time high on Thursday. The stock has shaken off last week's losses, when Nvidia finished 4.3% lower amid earnings from Magnificent Seven companies Microsoft and Meta Platforms, reported a strong third quarter. Nvidia's market cap was $3.57 trillion while Apple's stood at $3.37 trillion, as of Wednesday's closing prices.

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