Nvidia Stock Nears Buy Point As Chip Stocks Rally

Nvidia (NVDA) stock approached a buy point Wednesday as chip stocks rallied following a bullish quarterly report from Dell Technologies (DELL). Dell’s beat-and-raise report late Tuesday signaled continued momentum in spending on data centers for artificial intelligence. On the stock market today, Nvidia stock rose 3.2% to close at 224.41. Nvidia is in a cup-with-handle base with a buy point…

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