(Bloomberg/Ryan Vlastelica and Carmen Reinicke) — Nvidia Corp. shares have staged a $1 trillion rebound in two months — and investors are betting the rally has further to go as fears about the firm give way to optimism.

Last week’s earnings report assuaged some key investor concerns: particularly whether US restrictions on the sales of advanced semiconductors in China would derail Nvidia’s rapid revenue growth as well as the outlook for artificial intelligence spending, and the firm’s ability to expand supply of its newest Blackwell chips.

“Those questions have been answered in the positive for Nvidia,” said Thomas Martin, senior portfolio manager at Globalt Investments. “It’s time to ramp back up your ownership.”

After soaring for two and a half years amid insatiable demand for its chi

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