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Nvidia's Frankfurt shares surge as stellar results seen keeping AI rally alive

Nvidia's shares rose to $510.14 in premarket trading, set to surpass a record high of $481.87 hit earlier this week. More than 20 brokerages raised their target price on Nvidia after the earnings, according to Refinitiv data, with Elazar Advisors being the most bullish at $1,600. Nvidia has been the biggest beneficiary of the rise of ChatGPT and other generative AI apps, virtually all of which are powered by its graphics processors.
Ipek Ozkardeskaya Susan Mathew Stacya Rasgon Be Semiconductor Senior Analyst At Swissquote Bank Taiwan Semiconductor Manufacturing Co
Source: yahoo.com

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