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NVDA
Reuters
9 hrs

Exclusive: Chinese firms still want Nvidia chips despite government pressure not to buy, sources say

1. Chinese firms persist in seeking Nvidia's AI chips despite regulatory discouragement. 2. Strong demand for Nvidia's AI technology indicates potential revenue growth.

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FAQ

Why Bullish?

Demand from major firms like Alibaba and ByteDance may boost NVDA sales. Historical patterns show increased market interest correlates with such demand.

How important is it?

The article highlights sustained interest in NVDA's products, pivotal for long-term growth. Regulatory pressures underline resilience in demand, potentially enhancing Nvidia's competitive position.

Why Long Term?

Sustained demand for AI chips suggests ongoing revenue growth over several quarters. Nvidia's historical resilience indicates it could capitalize on this interest.

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