Despite what appears to be a deteriorating geopolitical environment, analysts seem to remain broadly bullish on NVDA stock. That’s mainly because Nvidia remains the primary beneficiary of AI’s rapid expansion. In July, Mizuho Securities analyst Vijay Rakesh predicted Nvidia’s AI revenue will reach $300 billion by 2027. This projection relies on maintaining a 75% market share in AI server chips.
He maintains that AI demand remains robust, counterbalancing the...

Nvidia produced a chip specifically to get around Biden’s export curbs. The US just banned that chip for export too.
US Escalates Tech War, Cuts Supply of AI Chips to China. The Bureau of Industry and Security, announces New Restrictions on Advanced Computing Semiconductors, Semiconductor Manufacturing Equipment, and Supercomputing Items to Countries of Concern.
Nvidia, Intel, AMD Hit With Export Bans. CNN reports US Es...