NVIDIA (NVDA) recently launched its Spectrum-XGS Ethernet, aimed at enhancing AI data center capabilities. This significant technological advancement possibly fueled the company’s 36% price surge over the last quarter. Meanwhile, broader market dynamics were notably influenced by Federal Reserve Chair Jerome Powell’s indication of potential rate cuts, which buoyed tech stocks, including NVIDIA. These factors, combined with NVIDIA’s robust Q1 earnings report and substantial share buybacks,…
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