Nvidia working on AI chip that could be sold in China: Rpt.
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Nvidia (NVDA) is currently working on a new version of its Blackwell chips for the China market, which would be compatible with current US export regulations, according to a report from Reuters. Shares of the company are moving higher on Monday morning, after having trading lower most of last week.
Catalyst Anchors Madison Mills and Seana Smith break down the report and how Wall Street is currently viewing the stock.
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This post was written by Nicholas Jacobino