Nvidia’s advance stands out to lead strong day for Bay Area stocks

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Many bellwether Bay Area stocks closed with gains Friday, helping some of the nation’s top market gauges finish the week at record-high levels.

Nvidia was one of the day’s biggest gainers as the chipmaker’s shares climbed 6.3 percent to $180.11. Evercore ISI analyst C.J. Muse left his rating on Nvidia’s shares at outperform, but boosted his price target on the company’s stock to $250 a share from $180. Muse said many investors are undervaluing Nvidia’s potential in the market for artificial intelligence.



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