China, NVIDIA and H20
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Broadcom Inc. (NASDAQ:AVGO) is one of the AI Stocks Investors Are Watching Closely. On July 15, Mizuho analyst Vijay Rakesh raised the price target on the stock to $329.00 (from $315.00) while maintaining an “Outperform” rating.
Jim Cramer believes that Nvidia Corp. (NASDAQ:NVDA) is poised to get a significant boost with the U.S. government assuring licenses for the sale of its H20 chips or general processing units to China,
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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.
Nvidia 's ( NVDA 0.37%) business has been going strong over the past few years thanks to its dominance in the global artificial intelligence (AI) chip market. The company designs the most powerful AI chips on the market,
Treasury Secretary Scott Bessent’s comments and news of the resumption of H20 chip sales to China have excited Wall Street.
Nvidia's H20 GPUs to resume shipments in China, boosting revenue; Needham analyst raises price forecast to $200 and sees strong demand for new Blackwell variants.
The recent leg of the rally was driven by news that the U.S. government approved renewed sales of some AI chips in China, a development that could recover a large portion of the roughly $15 billion in data?