Reported 1 day ago
Amid escalating U.S.-China tensions, China has prohibited its major tech firms from purchasing Nvidia's AI chips, marking a significant hurdle for the company in the Chinese market. Despite this setback, Nvidia CEO Jensen Huang remains optimistic, emphasizing the company's solid growth and strong demand for its products despite regulatory pressure. Analysts continue to express bullish sentiments about NVDA stock, which remains well-positioned for future growth, even without sales in China.
Source: YAHOO