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N Nvidia's stock rose 4.3% to close at $208.27.
Nvidia's market value surpassed $5 trillion for the first time since October.
KEY POINTS
- Nvidia's stock has increased more than 14 times since late 2022.
- Alphabet will start offering its own AI chips to cloud customers later this year.
- Intel saw its largest one-day stock gain since 1987, prompting a sector-wide chip rally.
COMPANIES
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