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Nvidia's 70% Growth Forecast Fuels AI-Driven Rally | Closing Bell
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August 27, 2026
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10:10Now PlayingWatch comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Emily Graffeo, Lisa Mateo and Tim Stenovec.
A blockbuster outlook from Nvidia Corp. spurred gains in technology stocks, bolstering confidence in the artificial-intelligence trade that has powered the bull market.
The world’s most valuable company jumped 8.7% after saying revenue will grow about 70% in the next fiscal year. A key exchange-traded fund tracking software firms climbed the most since April 2025 on solid forecasts from Salesforce Inc. and CrowdStrike Holdings Inc. The Nasdaq 100 rose 1.4%. The advance in tech lifted the S&P 500 even as most of its shares fell.
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