Nvidia shares head for record close as Wall Street shrugs off China concerns
1. Nvidia shares rose 3%, nearing record close, despite export controls. 2. The company is now valued at $3.7 trillion, surpassing Microsoft. 3. Nvidia anticipates $8 billion loss from recent U.S. government restrictions. 4. Despite challenges, Nvidia reported 69% revenue increase in latest earnings. 5. Future growth prospects remain strong, with expected 53% revenue growth.