Nvidia stock closes at record, pushing market cap past $5 trillion
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- Nvidia closed at $208.27, a 4.3% rise, lifting its market cap past $5 trillion.
- Intel posted better‑than‑expected earnings, spiking 24% and igniting the broader chip rally.
- AMD jumped 14% as investors rallied on AI‑chip optimism.
- Qualcomm climbed 11% amid renewed tech‑sector confidence.
- Anthropic launched Opus 4.7 on April 19, built on Nvidia GPUs.
- OpenAI accelerated its enterprise coding push with Codex updates, also leveraging Nvidia hardware.
- Iran closed the Hormuz Strait, delaying Indian shipments and adding supply‑chain risk to tech markets.
Why it matters: Nvidia's shareholders gain as the stock's 4.3% jump lifts market cap past $5 trillion, boosting AI‑chip demand and fueling Anthropic and OpenAI product rollouts, while Iran's Hormuz closure threatens shipping costs for Indian importers.
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