NVIDIA shares hit record high as CEO describes Trump’s visit to China as… "The most important in human history"

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Nafidia’s stock hit a record high of $236.46 on Thursday after selling H200 chips to about 10 Chinese companies. CEO Jensen Huang described Trump’s summit with China as one of the most important human events.

The US Department of Commerce has approved the approval that allows the companies Alibaba, Tintusan and Wijih Di.com to purchase the leading artificial intelligence from Nvidia. Lenovo and Foxconn got permission as distributors. This decision removed the restrictions that had closed the market with a value of approximately 8 billion dinars per year.

Removing the chip ban attracts big Chinese buyers

Reuters reported that the US Department of Commerce approved the purchase of H200 chips for 10 days.

Export regulations are in effect in October 2023 China distanced itself from Nvidia’s latest stock. Historically, the region generated nearly a quarter of the chip manufacturer’s revenue.

However, no actual delivery operations have been completed because Beijing is still reviewing the deals. It will determine how quickly the approval of the Chinese regulatory authorities will change how quickly the Chinese regulatory authorities will change how quickly the Chinese regulatory authorities will change the actual revenue.

The rise of Nafidia shares raises the market value to more than 5.5 trillion dollars

The market value of the Nvidia company reached 5.52 trillion dollars, surpassing the Silver Lion, the largest asset in the world in terms of total value. The company has now exceeded the gross domestic product of any country except United States of America. It’s sitting at less than 4% below the 5 trillion dollar mark.

NVDA (NVDA)
فلاح سهم نفيديا (NVDA). Source: трейденг фиво

At the same time, stocks rose sharply after the decision of the Ministry of Commerce. Traders see the Chinese demand as the missing piece in the expansion of the balance sheet center. China’s market had reached its peak of nearly 8 billion dollars in annual revenue without taking export revenue to near zero.

It will be decided whether Beijing will agree to the first H200 shipments, how quickly the impact will affect Nvidia’s data center sales. The question now is whether the demand for artificial intelligence devices can continue and continue for artificial intelligence devices between technical evaluations and material goods.



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