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Home ยป Resurgence in the stock market fuels speculation around AI altcoins
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Resurgence in the stock market fuels speculation around AI altcoins

By adminApr. 27, 2024No Comments1 Min Read
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Resurgence in the stock market fuels speculation around AI altcoins
Resurgence in the stock market fuels speculation around AI altcoins
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Nvidia (NVDA), the prominent producer of graphics processing units (GPUs), witnessed a remarkable resurgence in the stock market this week, as its stock value soared by 15%. This impressive rebound of Nvidia’s shares has sparked speculation among market observers and analysts regarding its potential influence on the recently devalued altcoins associated with artificial intelligence. Recent data reveals a substantial surge in Nvidia’s market worth over the course of the week, as the share price escalated from $756 to well over $880, thereby augmenting the company’s market capitalization by approximately $320 billion.

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