NVDA causes market rally

Note: This section contains information in English only.
Source: Dukascopy Bank SA


The share price of NVidia has jumped 5.21% or $24.52 at the market open.

The surge was caused by the company smashing its earnings expectations and announcing a $25 billion share buyback. The results were boosted by the ongoing global AI boom that has caused a major demand for semiconductors.

Due to the news, various analysts have started to increase their share price target for NVidia, which in turn is boosting the price even more.
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