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Nasdaq climbs as Nvidia stock soars on plans to resume chip sales in China

ByFeatured Youtube Videos

Wednesday, Jul 16, 2025 5:22 pm ETnullmin read

Aime Summary

- The Nasdaq Composite rose sharply as Nvidia's shares surged over 10% on news it plans to resume chip exports to China.

- The move follows U.S.-China trade negotiations, signaling potential easing of semiconductor restrictions impacting global supply chains.

- Analysts highlight strong demand for AI chips in China as key driver, with Nvidia's stock gains lifting broader tech sector valuations.

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