Quantum computing hasn't received much attention lately, with all the focus on the general economy and the effects of President Donald Trump's tariff plans.
Nvidia Corp (NASDAQ:NVDA, ETR:NVD) CEO Jensen Huang flew into Beijing on Thursday, days after the US tightened export rules on its H20 AI chips, cutting off a key product line to China. The company warned it could lose $5.5 billion in sales this quarter due to the new restrictions, which limit exports of high-bandwidth GPUs.
Stock market turmoil in recent weeks may not have put you in the mood to invest, but today actually is an excellent moment to deploy cash. That's because stocks, after tumbling, in many cases have reached bargain valuations -- and this offers you the chance to pick them up for an excellent price.
Nvidia has been one of the most-watched stocks on Wall Street for the past few years, with investors riding high on the AI boom and bullish price targets that once stretched as far as $200. But the story has taken a sharp turn in recent months, especially since Donald Trump returned to the Oval Office.
Nvidia CEO Jensen Huang visited China on Thursday as the executive behind high-powered artificial-intelligence chips seeks to navigate the trade war between the U.S. and China.
Nvidia's product superiority is rooted in its founder Jensen Huang's quest for excellence across the company. Jensen's strategic vision for AI culminated after more than a decade of product innovation, which is now a deep moat. Its one-year new product cadence is a strong competitive advantage and keeps completion at bay.
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