China, NVIDIA and H20 AI
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MarketBeat on MSNNVDA Greenlight: China H20 Sales Spark 50% Rally PotentialNVIDIA’s (NASDAQ: NVDA) market received a green light to rally that will have far-reaching repercussions. NVIDIA is the largest company globally, with a valuation exceeding $4 trillion, and has the most significant impact on the S&P 500 index.
We recently published 10 Stocks On Jim Cramer’s Radar As He Says Trump Has Been Good For Growth. NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer recently discussed. NVIDIA Corporation (NASDAQ:NVDA) scored a big win in July when the firm announced that it was accepting orders for the China-specific H20 GPU after being
Jim Cramer believes that Nvidia Corp. (NASDAQ:NVDA) is poised to get a significant boost with the U.S. government assuring licenses for the sale of its H20 chips or general processing units to China,
The chart shows that NVDA stock is gapping up on President Trump's reversal on H20 AI chip exports to China. The chart shows that NVDA stock is extended after the breakout. The chart shows that our recent buy signal on NVDA stock was given near the April lows. NVDA core position is in The our ZYX Buy Core Model Portfolio, long from $12.55.