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NVDA
CNBC
138 days

Nvidia positioned to weather Trump tariffs, chip demand 'off the charts,' says Altimeter's Gerstner

1. Altimeter's CEO bullish on Nvidia's resilience against new tariffs. 2. Demand for NVIDIA GPUs is surging due to AI technologies. 3. Nvidia's revenue has doubled annually since ChatGPT's launch. 4. Semiconductors are exempt from Trump's high tariff policy. 5. Overall market under pressure, Nvidia's stock fell over 20% this year.

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FAQ

Why Bullish?

Nvidia's growth potential remains significant despite broader market downturns and tariffs.

How important is it?

The article highlights strong demand for Nvidia's products amidst economic pressures, signaling potential resilience.

Why Short Term?

Immediate effects seen from tariffs; Nvidia's strong position could stabilize prices quickly.

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