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Nvidia (NVDA) Posts Record Quarter, Pauses AI Financing Program

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The Story

News Summary

  • Nvidia reported record-breaking earnings but paused an AI chip financing program for smaller cloud firms amid antitrust concerns.
  • Despite this, major hyperscalers like Amazon and Alphabet committed to continued heavy purchases of Nvidia hardware, reassuring investors about immediate demand.
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NVDA price history

210.96 +18.92% over the displayed period

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