BusinessNvidia Shares Rally After $1 Trillion Market Value Drop
Nvidia's stock surged up to 3% on Friday, recovering from a two-month sell-off that erased over $1 trillion in market value. Shares reached an intraday record of $237.88 before closing 1.3% higher at $233.95. The rally lifted Nvidia's market cap to about $5.6 trillion, nearing the historic $6 trillion mark. The rebound follows renewed investor confidence in AI despite earlier concerns about AI infrastructure spending.
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