Reported 13 days ago
An analyst suggests that Trump's optimistic stance on Bitcoin may positively influence Nvidia's performance. With Trump's proposal of a strategic Bitcoin reserve and a goal to make the U.S. a 'crypto superpower', Bitcoin prices surged past $80,000. Nvidia, known for its powerful chips used in crypto mining, could see increased demand as the crypto market gains traction. The support from the new administration could lead to broader adoption of digital currencies and investment options.
Source: YAHOO