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N Nvidia shares closed at a record on Friday for the first time since October.
Nvidia's market cap surpassed $5 trillion after shares closed at a record high on Friday.
KEY POINTS
- Intel shares surged 24% after better-than-expected earnings, their best performance since 1987.
- Alphabet announced new AI chips set to challenge Nvidia's offerings later this year.
- The Nasdaq is up 15% in April, its best month since April 2020.
COMPANIES
Summarized by Newsio from CNBC. How we summarize →