Nvidia with a Price Surge! Fundamentals and Political Catalysts Propel AI Giant to a new 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 expected earnings of $190 billion 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 this year After price gains in seven consecutive trading sessions, Nvidia (NVDA) is trading at $235.74, marking a new all-time high. The semiconductor company benefits from geopolitical rapprochements and...
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