Nvidia, China
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Nvidia declines as reports say the company has asked some of its suppliers to stop production related to its H20 processors, which are made for the Chinese market.
A wobble in U.S. technology shares has raised the stakes for Nvidia Corp's quarterly results on Wednesday, with earnings from the semiconductor giant posing a crucial test for the scorching AI trade.
However, Huang's extensive lobbying paid off. Nvidia agreed to a 15% revenue-sharing agreement with the U.S. government, which allowed the company to resume sales of the H20 chip to China. While the deal could weigh on Nvidia's margins, it marks the continuation of a potentially lucrative opportunity, but there's more good news.
Should you Buy Or Fear Nvidia stock? For event-driven traders, historical trends might provide an advantage, whether by positioning prior to earnings or responding to post-release movements. That said,
When Nvidia, the chip producer, reports earnings next week, investors expect the S&P 500 to have a bigger reaction than when the Fed chair delivers a big speech on Friday.
Before the AI boom, Bitcoin mining drove Nvidia's stock higher, and before that, gaming. It's been many years of growth. So if you'd been lucky enough to invest $10,000 in Nvidia 10 years ago, how much would that be worth today? Your $10,000 would have turned into an incredible $3.05 million. You can see the scale of that growth below.
Big tech stocks slid this week amid a risk-off pivot, but some analysts say there are several structural reasons to remain bullish on tech giants.
The U.S. market is top-heavy, with Nvidia occupying a bigger weight than any company in modern history. Risks abound, our columnist says.
Two hedge fund managers with a track record for market beating returns sold Nvidia and bought Palantir in the second quarter.
Stocks surged Friday as investors breathed a huge sigh of relief after Federal Reserve Chair Jerome Powell indicated that interest rates could be cut.