Nvidia

Nvidia Hit with $5.5 Billion Loss Due to U.S. Export Ban on AI Chips to China

Nvidia Corporation has announced it will incur a $5.5 billion charge in its first-quarter earnings due to new U.S. government restrictions on the export of its advanced H20 artificial intelligence (AI) chips to China. The U.S. Department of Commerce has mandated that Nvidia obtain licenses for H20 exports to China, with these rules being indefinite. […]

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Nvidia stock

Bank of America Sets $900 Price Target for Nvidia Amid AI Boom and Tariff Headwinds

Bank of America Securities has recently elevated its price target for Nvidia Corporation (NVDA) to $900, marking one of the highest projections on Wall Street. This adjustment reflects the investment bank’s confidence in Nvidia’s potential to capitalize on the expanding artificial intelligence (AI) market. Analyst Vivek Arya highlighted that the increasing adoption of AI across

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