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Why NVIDIA Stock Soared 61% in the First Half of 2020

Why NVIDIA Stock Soared 61% in the First Half of 2020

NVIDIA (NASDAQ: NVDA) stock rocketed 61.5% higher in the first half of 2020 (January through June), according to data from S&P Global Market Intelligence. Management issued an upbeat outlook in February, when the company released its results for the fourth quarter of fiscal 2020. The bottom-line performance was even better.