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Why Nvidia Stock Climbed Today

Why Nvidia Stock Climbed Today

Shares of Nvidia (NASDAQ: NVDA) rose on Wednesday, as investors applauded the chipmaker's recent moves to bolster its position in the booming artificial intelligence (AI) market. Nvidia proved that innovation is alive and well at the semiconductor titan's developer conference on Tuesday. Nvidia showed off a new AI supercomputing service, high-performance processors, and computing infrastructure designed to help train AI models, among a host of other announcements.