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Posted by
Two Blokes Apr 16 -
Filed in
Stock
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Nvidia announced a $5.5 billion charge for H20 chip exports to China, causing shares to drop 6% in after-hours trading. Despite the setback, Nvidia's revenue growth remains robust, projected to grow over 56%, making it the leader in the AI chip space. The valuation remains fair, with Nvidia trading at less than 25 times fiscal 2026 expected earnings, and analysts maintain a very bullish outlook.
