00:00It's Benzinga, bringing Wall Street to Main Street.
00:02NVIDIA shares closed at a record on Friday for the first time since October, according to CNBC.
00:07The surge pushed its market cap past $5 trillion as investors bought AI chip stocks ahead of
00:13earnings from major technology companies. The stock rose 4.3% to $208.27 and is up more than
00:2114-fold since the end of 2022. The rally followed stronger-than-expected results from Intel,
00:27which sent its shares up 24% and lifted other chip makers. Advanced micro-devices rose 14%
00:34and Qualcomm gained 11%. Investors had reduced exposure to large-cap technology during rising
00:40oil prices tied to the Iran war, but demand for AI infrastructure remains strong.
00:44The Nasdaq is up 15% in April. For all things money, visit Benzinga.com.
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