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Why Nvidia Stock Rallied on Tuesday [Yahoo! Finance]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
The company announced it would resume AI chip sales to China after a pending approval from the Trump administration. A number of Wall Street analysts boosted their price targets on the chipmaker in response. 10 stocks we like better than Nvidia › Shares of Nvidia (NASDAQ: NVDA) were off to the races on Tuesday, climbing as much as 5%. As of 10:27 a.m. ET, the stock was still up 4.6%. The catalyst that sent the artificial intelligence (AI) chipmaker higher was news that the company could regain access to one of its most important markets, which sent Wall Street analysts scrambling to update their price targets. In a blog post published after the market close on Monday, Nvidia announced that it would resume sales of its H20 chips to China. The processors were designed to meet the stringent export requirements for Chinese customers. U.S. officials had voiced concerns that the AI-centric processors could be used by the military in China, prompting the creation of these speciall
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