Nvidia Stock Explodes Despite Rumors Jensen Huang Is Cut From Trump’s China Trip
BeInCrypto
Nvidia shares rose nearly 5% as investors dismissed reports that CEO Jensen Huang was excluded from Trump's upcoming diplomatic trip to China.Summary
Nvidia stock gained nearly 5% despite reports that CEO Jensen Huang might not join President Donald Trump's delegation to China. Investors largely ignored the news, as Nvidia's market share for advanced AI chips in China has already fallen to near zero due to U.S. export restrictions. Market participants view the exclusion as a sign that the administration remains firm on chip policy rather than a negative catalyst, focusing instead on strong AI infrastructure demand outside of the Chinese market.
(Source：BeInCrypto)