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Why is Nvidia stock rising premarket on Friday?

Source: invezz.com

Artificial IntelligenceTechnology & InnovationAnalyst Insights
Why is Nvidia stock rising premarket on Friday?

Nvidia shares rose in premarket trading after Morgan Stanley reinstated the company as its top semiconductor pick. The bank cited Nvidia's strong positioning to benefit from continued expansion in artificial-intelligence infrastructure, supporting a positive near-term catalyst for the stock.

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