NVIDIA (NVDA) Stock Rises 3%: What Is Fueling the Rally?

TLDR NVIDIA stock climbed 3.1% to $217.56 during Monday morning trading as investors assessed new AI spending developments. SpaceX announced a binding $40 billion financing commitment for NVIDIA Vera Rubin processors, with deliveries expected in 2027. Anthropic filed for a public listing, while Morgan Stanley raised its projected US data center power shortfall to 38 [...]

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