Nvidia, China and Trump
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Nvidia, NASDAQ and US stocks
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Nvidia's shares have climbed back to all-time highs as investors regain optimism in its AI infrastructure business. Generative AI will change the world. With shares up more than 50% since the start of April,
Many investors may wonder if shares have gotten too expensive to buy. Don't be fooled: Nvidia stock is still reasonably priced. Get the story here.
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Barchart on MSNDear Nvidia Stock Fans, Mark Your Calendars for July 16Nvidia (NVDA) shares rallied another 5% this morning as CEO Jensen Huang is scheduled for a media briefing in Beijing on Wednesday, July 16. Huang is visiting China amid renewed optimism that his company will soon be able to resume H20 chip sales in the largest Asian economy.
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According to Nvidia’s latest annual report, China contributed $17 billion in revenue in the fiscal year ending January 26—about 13% of the company’s total sales. The potential return to the Chinese market is seen as vital to Nvidia's global dominance, especially as domestic players like Huawei aggressively court local developers.
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Barchart on MSNNvidia Stock Is at a Peak - What's the Best Play Here for NVDA?Three weeks ago, we recommended Nvidia Inc. (NVDA) stock in a June 22 Barchart article and shorting out-of-the-money puts. Now, NVDA is near its target prices, and the short play is successful. What is the best play here?
Navitas Semiconductor stock jumped thanks to bullish news for Nvidia today. Nvidia announced that it would receive approval to sell its H20 processors in China, and the news helped power valuation gains in the semiconductor industry.