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Why Nvidia Stock Spiked (Again) on Wednesday

The Motley Fool Logo The Motley Fool By Danny Vena
Why Nvidia Stock Spiked (Again) on Wednesday

Nvidia's stock rose after announcing significant AI developments, including a $1 billion Nokia partnership, strong chip backlog, and positive market sentiment about future AI infrastructure spending.

Insights
NVDA   positive

Announced $500 billion chip backlog, potential $800 billion revenue by 2030, and strategic partnership with Nokia