Nvidia shares the chapter from the closure record, Wall -Rate squeezed from China

Nvidia On Wednesday, shares increased by almost 3% and headed for the first time since January, when investors are confident that the company management in artificial intelligence would not be mitigated Chinese export control.

The reserves increased to $ 153.13 during the day, corresponding to the previous self. Currently, it is trading at $ 151.92, which would put it closed $ 69.43 on January 6.

Nvidia now costs 3.7 trillion. Dollars that makes it the largest company in the world by market capitalization, slightly breaking out MicrosoftOne of the main customers. Apple The third is approximately $ 3 trillion.

While Nvidia remains a clear leader in graphic processing divisions (graphic processors) used to create large language models and launch AI load, the force of this year rally, given that the company stated that it is closed with the second largest economy in the world.

In April, the Trump administration made new rules that Disconnect sales From the AI ​​H20 processor, which was designed to execute previous restrictions. Last month, Nvidia said the changes based on the US government would cost companies $ 8 billion, and that it was supposed to write off inventory $ 4.5 billion. Now Nvidia does not count on any sale from China.

‘Chinese market for $ 50 billion is effectively closed for the US – Note Last month.

And there is another future rule that will expand the export restrictions on AI chips, formerly Trump administration officials – Note.

Still in it Report of income In May, Nvidia reported an increase in revenue a year by 69%, which provided 73% of the data center. For the full financial year, analysts expect 53% of the income growth of almost $ 200 billion, LSEG reports.

Nvidia holds its Annual shareholder meeting Wednesday.

See: You can’t spoil with three riders – Nvidia, Broadcom and TSMC