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Nvidia Stock Hits New High Amid AI Boom, Analysts See Further Upside
Nvidia Stock Hits New High Amid AI Boom, Analysts See Further Upside
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BTCCSquare news:
Nvidia's stock has surged 31% this year, reclaiming its position as the world's most valuable company with a market capitalization nearing $4.3 trillion. Despite trading NEAR all-time highs, Wall Street analysts project potential gains of up to 400%, citing the stock as undervalued.
The AI revolution continues to drive unprecedented capital expenditures from tech giants like Amazon, Meta, and others, all racing to secure GPUs for scalable infrastructure. Meta's Superintelligence Labs aims to enhance AI capabilities across social media and wearable devices, while other players pursue ambitious autonomous systems.
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