US stocks turn mixed
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China, NVIDIA
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Nvidia’s Strategic AI Vision Nvidia (NASDAQ:NVDA) has solidified its position as the backbone of the artificial intelligence (AI) revolution, with its graphics processing units (GPUs) driving the most advanced AI models and positioning it as a top choice for investors eyeing the industry’s growth.
Nvidia just became the first company to reach a $4 trillion market cap. Analysts project Nvidia to grow earnings per share at high rates for several more years. It's difficult to find any companies that have benefited from the growth of artificial intelligence (AI) like Nvidia (NASDAQ: NVDA).
D-Wave Quantum and Nvidia are building technology to drive the advancement of artificial intelligence. D-Wave's quantum computing solutions catapulted Q1 revenue to $15 million, an incredible 509% year-over-year increase.
Explore Advanced Micro Devices, Inc. & Nvidia Corporation's AI potential. Click for how AMD's cost-effective GPUs are good, but NVDA's valuation & uptrend shine.
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In April, the Trump administration blocked Nvidia from selling H20 GPUs in China, a decision that has already cost the company billions of dollars in revenue. Nvidia recently filed applications to resume selling H20 GPUs in China and has reportedly received assurances from the U.
High-profile tech names in Alphabet ( GOOG, GOOGL ), Meta ( META ), Nvidia ( NVDA ), and Microsoft ( MSFT) have advanced an average of 35% in the past three months, according to Yahoo Finance analysis. The top two performers are AI darlings Nvidia and Meta, which have logged respective gains of 52% and 41%.
Nvidia Corporation leads the global AI revolution. U.S.-China export breakthroughs boost H20 GPU sales in China, driving revenue. Click for my NVDA update.
Now, let's consider Jensen Huang's recent move. The CEO sold shares of Nvidia from July 8 through July 10, and that follows a sale of shares from June 18 through June 23.