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Nvidia Stock Rises for Ninth Straight Session

Nvidia, as it is widely known as the year’s hottest stock is regaining its momentum.

Chipmaker Nvidia was up more than 1% in afternoon trading. That puts the stock on pace for a ninth consecutive session of gains.

Shares are up nearly 20% over that period and have more than tripled so far this year, making them the top performer in the S&P 500.

Nvidia Shares Fluctuation

Factset Chart

Nvidia was recently changing hands at about $490 per share, not far from the all-time closing high of $493.55 set Aug. 31.

The chipmaker’s next big test is coming next week when it is scheduled to unveil fiscal third-quarter results.


Image: Nvidia