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: Fortinet’s stock nabs record closing high, while Microsoft, Nvidia, Broadcom bids all fall short

Microsoft Corp. and Nvidia Corp., two of the standard-bearers of the artificial-intelligence wave, jostled for record closing highs Friday along with another chip maker and one cybersecurity company, as AI remains a driving force in this year’s tech rally. Only one succeeded.

On Friday, Nvidia NVDA shares rose as high as $480.88, but late in the day, the stock swung lower and closed down 1.1% at $454.69, below Thursday’s $459.77, while shares of Broadcom Inc. AVGO shares hit an intraday high of $903.35 but also swung lower…

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