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Nvidia shares rise 15.31% intraday after Trump administration backs off H20 chip.
ByAinvest
Wednesday, Apr 9, 2025 2:03 pm ET1min read
Nvidia Corporation rose 15.31% in intraday trading, with the company receiving support from the Trump administration for its H20 chip and Google Cloud announcing plans to offer Nvidia Vera Rubin GPUs. These developments are positive for Nvidia, as they indicate strong demand for its products and potential new revenue streams.
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