China, NVIDIA
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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,
Treasury Secretary Scott Bessent’s comments and news of the resumption of H20 chip sales to China have excited Wall Street.
Tech led US stocks on Tuesday as a key consumer inflation print showed inflation accelerated in June, big banks kicked off earnings season, and Nvidia was set to receive a green light for trade with China from the Trump administration.
Now, let's consider Jensen Huang's recent move. The CEO sold shares of Nvidia from July 8 through July 10, and that follows a sale of shares from June 18 through June 23.
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Why Nvidia (NVDA) Stock Is Trading Up TodayWhat Happened? Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) jumped 4.2% in the afternoon session after the company confirmed it will resume sales of its H20 AI chips to China after receiving assurances from the U.
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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.
News that Nvidia will receive licensing approval to sell its H20 artificial intelligence ( AI) processor in China helped spur bullish momentum for Navitas and other chip stocks today. Navitas stock is up roughly 259% over the last three months, with most of the stock's gains stemming from an announcement that the company had partnered with Nvidia.
Trump’s tariffs and the trade war continue to roil global markets. Follow along for live updates on the latest inflation report, as well as the Dow, S&P 500 and Nasdaq.
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Investor's Business Daily on MSNDow Jones Futures: Nvidia, AMD, CoreWeave Mask Weakness; 3 Stocks Top Buy PointsDow Jones futures fell slightly after hours, along with S&P 500 futures and Nasdaq futures.Another big inflation report is due before the open, along with earnings from chip-gear giant ASMLASML as well as Goldman SachsGS.