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Artificial intelligence (AI) continues to be the biggest theme driving the market today, and for good reason. The technology has the potential to completely reshape the world we are living in, and it is still in the very early days of its development.
The past five years have been big for Nvidia (NVDA 2.18%). The company saw revenue explode higher, advancing more than 600% over that time period, and the stock price followed as it increased a mind-boggling 1,200%.
The United States has approved several billion dollars worth of Nvidia chip exports to the United Arab Emirates, Bloomberg News reported on Wednesday, citing people familiar with the matter.
The T-Rex 2X Long Nvidia Daily Target ETF offers leveraged exposure to Nvidia's AI-driven growth and dominant GPU market position. NVDX aims to deliver 200% of NVDA's daily performance, appealing to investors confident in Nvidia's continued outperformance and expanding profitability. Recent major deals with Intel, OpenAI, and CoreWeave, plus surging AI CapEx, support a bullish outlook for NVDA ...
NVIDIA stands as the core of the AI infrastructure revolution, evolving far beyond a traditional chip company. NVDA's vertically integrated ecosystem, CUDA software, and strategic partnerships create a formidable moat and high switching costs for developers. Financially, NVDA boasts 56% YoY revenue growth, strong margins, and robust guidance, making bearish arguments difficult to sustain.
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