NVIDIA shares are trading higher. The stock may be continuing to gain amid AI momentum. The stock may also be rebounding after falling recently on US plans to halt advanced AI chip shipments to China.
Portfolio Pulse from Benzinga Newsdesk
NVIDIA shares are trading higher, possibly due to the momentum in the AI sector. The stock may also be rebounding after a recent fall due to US plans to halt advanced AI chip shipments to China.
October 23, 2023 | 7:04 pm
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NVIDIA's stock is trading higher, potentially due to the momentum in the AI sector. The stock may also be rebounding after a recent fall due to US plans to halt advanced AI chip shipments to China.
The news directly mentions NVIDIA and its stock price. The rise in the stock price could be due to the momentum in the AI sector, which NVIDIA is a major player in. The rebound could be a reaction to the recent fall in the stock price due to US plans to halt advanced AI chip shipments to China, which could have negatively impacted NVIDIA's business.
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