Nvidia’s Historic Rally Extends to a Record-Setting 10th Straight Week
- Stock has gained about 80% over the historic weekly advance
- Nvidia has been supported by high demand for AI chips
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Nvidia Corp.’s historic 2024 rally keeps piling on records.
The stock rose 0.4% over the latest week, making for the chipmaker’s 10th straight positive week, the longest such winning streak in its history. Meanwhile, the Philadelphia Stock Exchange Semiconductor Index fell 4% this week, its biggest one-week drop since January.