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Posted by
Two Blokes Jul 17 -
Filed in
Stock
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Nvidia's stock has surged to new all-time highs following a bullish reaction to recent developments relating to H20 shipments to China. The U.S. government's decision to grant export licenses for H20 chips removes a major overhang on Nvidia's growth. This opens up access to China's $50B+ AI market, reigniting revenue from previously stranded R&D and inventory.