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Analysts update outlook for Nvidia's Blackwell chips amid AI boom

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Nvidia shares move higher in early Tuesday trading, extending one-month gain to around 20% .

The chipmaker is looking to ramp production of its new Blackwell architecture over the coming months following design delays reported earlier this summer .

Nvidia shares were marked 1.7% higher in premarket trading to indicate an opening bell price of $ 129.89 each.