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NVIDIA Corporation Stock Could Make You Rich In 2023?

Nvidia gained 3% in July, beating the Nasdaq Index, and has soared 200% this year, hitting a market cap of over $1 Trillion. Nvidia is the first chip making company to reach the $1 Trillion mark. The primary reason for this rise of NVDA stock is artificial intelligence.

NVIDIA Corporation has been hitting higher highs and keeping its momentum. NVDA climbed to the $480.88 level from the low price of $108.13 in 52 weeks. Its average volume for the past 3 months is 47.89 million.

NVIDIA Corporation’s stock price has shown bullish behavior on the daily time frame, displaying extremely bullish signals. The price has been rising higher and is above the 50- and 200-day moving averages. $NVIDIA (NVDA.US)$ $Advanced Micro Devices (AMD.US)$
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