Nvidia stock was rising despite President Donald Trump signaling the U.S. will continue to curb exports of the company's chips to Chinese customers.
Nvidia's shares rose 1.4% to $205.31 in premarket trading early on Monday. Last week, Nvidia became the first company to breach a $5 trillion market cap after Trump signaled he would be open to discussing export controls on Nvidia's advanced chips aimed at China during his meeting with Chinese counterpart Xi Jinping.
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Nvidia will report its Q3 earnings in late November. The company should keep growing its revenue in 2026.
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The swelling AI budgets at Amazon, Meta and other Big Tech players bode well for Nvidia in the near term.
Strong Tower Advisory Services lowered its position in shares of NVIDIA Corporation (NASDAQ: NVDA) by 3.1% in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 140,379 shares of the computer hardware maker's stock after selling 4,417 shares during the quarter. NVIDIA
Greenwood Gearhart Inc. lessened its position in shares of NVIDIA Corporation (NASDAQ: NVDA) by 1.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 282,739 shares of the computer hardware maker's stock after selling 4,286 shares during the period.
Strengthening Families and Communities LLC raised its position in shares of NVIDIA Corporation (NASDAQ: NVDA) by 0.8% in the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 83,132 shares of the computer hardware maker's stock after buying an additional 676
Drucker Wealth 3.0 LLC grew its holdings in shares of NVIDIA Corporation (NASDAQ: NVDA) by 20.0% during the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,521 shares of the computer hardware maker's stock after buying an additional 6,413 shares during
JNBA Financial Advisors reduced its position in shares of NVIDIA Corporation (NASDAQ: NVDA) by 19.8% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,418 shares of the computer hardware maker's stock after selling 2,812 shares during the quarter. JNBA Financial Advisors'