NVIDIA shares records to close and shorten the street on the wall

Nvidia The shares rose to about 3% on Wednesday and becoming the first time from January to the first time in January, the leadership of the company’s leadership in artificial intelligence is not wet unto the export control of China.

The share is more than $ 153.13 during the day, which corresponds to Intaday before it. He is currently trading at $ 151.92, which starts it from its closure and starts 149.43 and January 6.

Nvidia now costs 3.7 trillion dollars, which is the largest company in the world with a market lid, slightly beat MicrosoftOne of them is one of its main customers. Apple About 3 trillion dollars to third.

NVIdia remains a clear leader in graphic processing units (GPU), which is used to create large language models and start working with AI workload, which is amazing that the company’s rallies said.

In April, Trump Administration issued new rules Cut the sale The company’s H20 AI processor has acquainted with preliminary restrictions. Nvidia said that last month, the change in the United States has expanded $ 8 billion to sell to the company and has collapsed an inventory from 4.5 billion dollars. Now Nvidia does not believe in sale from China.

“The 50 billion dollar Chinese market is mostly closed to the US industry,” said Nvidia Ceo Jensen Hueng said Last month.

There is a rule there is an export restriction to AI chips, to the officials of the Trump administration, before said.

Still, including Income report In May, NVIdia announced an increase in annual revenues by 69%, which is 73% in its data center business. For full financial year, experts expect 53% of income growth to $ 200 billion and LSEG.

Nvidia holds up Annual meeting meeting of shareholders on Wednesday.

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