NVIDIA Can Sell AI Chip to China Again
Digest more
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,
Nvidia investors have been concerned about the loss of sales to an important market. The company announced it would resume AI chip sales to China after a pending approval from the Trump administration.
U.S. stocks are drifting around their record levels in mixed trading on Tuesday. The S&P 500 was 0.1% higher and nearing its all-time high, which was set on Thursday. The Dow Jones Industrial Average was down 167 points,
Tech led US stocks higher 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.
Nvidia Corporation hit record highs with $4T valuation, but is there still room for growth? Click here to read an analysis of NVDA stock now.
Explore more
US Stock market today climbed as Nvidia stock surged on hopes of renewed AI chip sales to China, with support from President Trumps trade policy shift. The S&P 500 gained 0.4% and the Nasdaq rose 0.8%,
1h
Investor's Business Daily on MSNStock Market Today: Dow Wavers After Inflation Data; Nvidia Surges On AI Chip Sales To China (Live Coverage)The Dow Jones Industrial Average and other major indexes were mostly higher Tuesday, as Wall Street reacted to mostly in-line Consumer Price Index inflation data. Meanwhile, NvidiaNVDA surged on the stock market today after the company said it plans to soon resume selling its H20 artificial intelligence chip to Chinese customers.
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.