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Nvidia Shares Climb on AI Chip Demand

26 Feb

Summary

Nvidia stock saw a modest increase in early trading.
The company projects first-quarter revenue above market estimates.
Big Tech's continued spending on AI processors drives growth.

Nvidia's stock saw a modest increase in early trading on Thursday, following a projection of first-quarter revenue exceeding market estimates. This upward trend is largely attributed to the sustained and significant investment by major technology companies in Nvidia's cutting-edge artificial intelligence processors.

As of 0703 GMT, the stock had climbed 1.4% in early Frankfurt trading. While Nvidia shares in New York have appreciated by nearly 5% year-to-date in 2026, they have not yet reached the record highs achieved in October of the previous year. The company's performance underscores the robust demand for its AI hardware.

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