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Nvidia Shares Hit a New High to Reclaim World's Largest Stock Record

Takeaways by Bloomberg AI

Nvidia Corp. shares rose to an all-time high on Wednesday, with the leader in artificial intelligence chips extending an advance that has cemented its position as one of the most valuable companies in the world.

The stock rose 4.3% to $154.31, taking out an all-time high that has stood since January. The record is only the latest milestone for the company, which has risen 63% off an April low, a rally that has added nearly $1.5 trillion to its market capitalization.