NVIDIA Orders 300,000 AI Chips
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NVIDIA Corporation (NASDAQ:NVDA) is one of the Trending AI Stocks on Wall Street. On July 25, JPMorgan reiterated the stock as “Overweight,” stating that the stock remains a top pick in AI networking.
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24/7 Wall St. on MSNNvidia Hits $4.3 Trillion: The AI Boom’s Unstoppable Force?In a historic milestone, Nvidia (NASDAQ:NVDA) has become the first company to reach a staggering $4.3 trillion market valuation, eclipsing the second-largest company, Microsoft (NASDAQ:MSFT), by $500 billion — a gap so large it is equivalent to the market caps of Starbucks (NASDAQ:SBUX),
Nvidia's (NVDA) stock price is now almost equal to the average price target set by Wall Street analysts. See what that means.
Nvidia has reportedly ordered 300,000 more H20 AI chips from TSMC to meet surging demand in China, reversing its earlier production halt after the U.S. eased export restrictions.
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Nvidia's CEO has sold millions of dollars worth of his company's shares this year, and he's not done selling yet.
Nvidia (NASDAQ:NVDA) just placed a fresh order for 300,000 H20 AI GPUs from TSMC (TSM) to keep pace with booming China demand. That order adds to an existing 600,000700,000 H20 chip stockpile and pushes China?