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Zenger
Zenger
World
Natan Ponieman

Nvidia Dodges US Export Restrictions Again With Launch Of Three New Chip Models Tailored For China

Nvidia China United States Nvidia Corp Nasdaq Jakub Porzycki Joe Biden
Nvidia Corp (NASDAQ:NVDA) stock is soaring after the company again confirmed its intention to dominate the Chinese chip market, albeit with increasingly severe export restrictions from the U.S. government. JAKUB PORZYCKI/GETTY IMAGES

Nvidia Corp (NASDAQ:NVDA) stock is soaring after the company again confirmed its intention to dominate the Chinese chip market, albeit with increasingly severe export restrictions from the U.S. government.

Shares of the company are up 2.9% on Thursday and 9% on the week at the time of writing, as several reports unveiled a new series of AI chips that are being released to accommodate new restrictions announced by the federal government in mid-October.

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