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NVIDIA Corporation (NASDAQ:NVDA) may be allowed to sell part of its chip range in China again. Officials there have asked ByteDance and Alibaba Group Holding Limited (NYSE:BABA) to report their plans for buying its RTX PRO 5500 processors, according to The Information. Governments ask for purchase plans for one…
Rosenblatt Securities restated a "buy" rating and issued a $390.00 price objective on shares of NVIDIA in a research note on Tuesday.
Stocks fell on Monday as long-dated bond yields continued to climb amid surging oil prices, raising concerns that the Federal Reserve will need to hike rates at its policy meeting next week.