Nvidia's stock is quietly gaining steam - it's on its longest winning streak since 2023
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Nvidia's stock has gained 11.4% over seven consecutive days, its longest winning streak since November 2023. The stock trades below its 52-week high, suggesting potential for sustained gains if the AI trade regains momentum.
Nvidia's stock is on a seven-day winning streak, up 11.4%. The stock trades 14% below its 52-week high. Nvidia has been focused on collaborating with companies in its ecosystem to maintain its lead in AI infrastructure. The company announced partnerships with Marvell Technology, Coherent, and Lumentum Holdings. Nvidia also invested $2 billion in Marvell Technology. The VanEck Semiconductor ETF has increased 19% this year, with most holdings turning in double-digit gains.
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