China, NVIDIA and AI
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NVIDIA CEO makes third visit to China this year
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NVIDIA Corporation (NASDAQ:NVDA) is one of the AI Stocks Gaining Attention on Wall Street. On July 15, Bernstein maintained its “Outperform” rating on the stock with a $185 price target. Several analysts raised their forecasts for the stock after Nvidia managed to win the approval of the US government for the sale of its H20 chips
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MarketBeat on MSNNVDA Greenlight: China H20 Sales Spark 50% Rally PotentialNVIDIA’s (NASDAQ: NVDA) market received a green light to rally that will have far-reaching repercussions. NVIDIA is the largest company globally, with a valuation exceeding $4 trillion, and has the most significant impact on the S&P 500 index.
Treasury Secretary Scott Bessent’s comments and news of the resumption of H20 chip sales to China have excited Wall Street.
China has leveraged its dominance over rare earths for Nvidia chips; however, this expert says world isn't decoupling, it is just bartering.
Key Takeaways Nvidia shares jumped Tuesday morning after the AI investor favorite said it plans to resume selling one of its most popular chips to China.After reclaiming the 200-day moving average in mid-May,
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Stocktwits on MSNNvidia Rally Incoming? CEO Jensen Huang Expects H20 AI Chip Sales To Resume In China After Trump’s ApprovalNvidia Corp. (NVDA) has received the Trump Administration’s nod to sell its China-compliant artificial intelligence (AI) H20 chips in the Asian country, three months after the company disclosed a $5.5 billion charge related to new export curbs put in place by the Trump administration.
Nvidia growth estimates to get a boost as the U.S. lifts chip export curbs on China, bringing the estimates 10% higher, says Gene Munster.
Nvidia CEO Jensen Huang will attend the opening ceremony of China's international supply chain expo on Wednesday, Chinese state broadcaster CCTV said on Tuesday.