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Shares of Nvidia closed at $208.27 on Friday, marking their first record close since October.
Nvidia's valuation surpassed $5 trillion as shares closed at a new record of $208.27.
KEY POINTS
- Alphabet is developing in-house AI chips to reduce dependence on Nvidia's hardware.
- Intel reported quarterly earnings of 29 cents per share, beating analyst expectations by 28 cents.
- Intel's $13.58 billion revenue exceeded estimates by 9.3%, sparking a 23.64% stock surge.
COMPANIES
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