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Nvidia CEO Reportedly Scheduled to Meet With China. The Stock Is Rising. - Barron's

1. Nvidia's stock rose 0.4% to $163.49, nearing $4 trillion market cap. 2. The company became the first U.S. firm to reach a $4 trillion valuation. 3. Demand for AI is boosting Nvidia's earnings and stock performance. 4. Nvidia plans a new AI chip for China amid U.S. export curbs. 5. Other chip stocks, like AMD and Broadcom, also saw gains.

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FAQ

Why Very Bullish?

Nvidia achieved a historic market cap milestone, indicating strong investor confidence.

How important is it?

The article highlights important developments and market reactions that can influence NVDA's price.

Why Long Term?

Sustained demand for AI technology suggests continued growth, akin to the dot-com boom.

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