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NVDA
New York Post
55 days

Nvidia shares hit record high as Wall Street shakes off anxiety about AI chip export controls

1. Nvidia's stock reached a new all-time high at nearly $154. 2. Despite U.S. export controls, demand for Nvidia's chips remains strong. 3. Analyst raised Nvidia's price target to $250, predicting market cap growth. 4. Nvidia expected to see a 53% revenue surge to nearly $200 billion. 5. The firm remains dominant in AI chip market with strong customer base.

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FAQ

Why Bullish?

The strong demand and rising price targets suggest positive market sentiment.

How important is it?

The article highlights robust fundamentals and a bullish analyst outlook that supports NVDA's price.

Why Long Term?

Continued strong revenue growth and market dominance can sustain price increases over time.

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