Nvidia in a Price Surge! Fundamentals and Political Catalysts Propel AI Giants to All-Time High!
Reading Time: 3 minutes
US authorities approve the export of the current H200 chips to ten major Chinese technology companies, opening new revenue channels Nvidia is heading towards an expected profit of 190 billion USD by 2026, with a projected P/E ratio of 26 The investments of hyperscalers in AI infrastructure are expected to amount to around 700 billion USD this year After price gains in seven consecutive trading sessions, Nvidia (NVDA) is trading at 235.74 USD, marking a new all-time high. The semiconductor company benefits from geopolitical rapprochements...
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