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Dow Jones regained 50,000 level driven by AI stocks. Nvidia hit 52-week high on China chip sales approval, Amazon gained 18% YTD on AI investments, while Cisco surged 13% post-earnings.
S&P 500 surged to record highs driven by strong tech gains. Cisco soared 13.4% on guidance lift, while Nvidia jumped 4.4% after US approved H200 chip shipments to China amid easing trade tensions.
U.S. stocks rallied on strong Cisco earnings and AI optimism. Nasdaq led gains as Nvidia climbed on reports of Chinese H200 chip approvals, while Dow crossed 50,000.
US stocks rallied with Dow Jones surpassing 50,000 as Cisco and Nvidia led gains on strong earnings and AI optimism. Trump-Xi summit discussions on trade and semiconductors boosted investor sentiment…
China conditionally approved AI startup DeepSeek to buy Nvidia's H200 chips, advancing Beijing’s AI tech access amid US-China tensions and ongoing export restrictions.
Nvidia CEO Jensen Huang expects China to approve sales of the powerful H200 AI chip soon, following approvals from Washington and visits to key stakeholders in China and Taiwan.
China approved Nvidia's import of H200 AI chips, easing restrictions and boosting demand for advanced processors from major Chinese internet firms, lifting Nvidia stock by 1.1%.
Chinese authorities approved Nvidia's H200 AI chips import, easing export restrictions and supporting Nvidia's data-center business amid complex geopolitical tensions.
China approves major purchases of Nvidia's advanced H200 AI chips by top tech firms, signaling strong demand despite restrictive conditions and ongoing domestic industry protection.
China is likely to approve imports of Nvidia's H200 chips this quarter, restoring access to its vast semiconductor market amid U.S. export restrictions, benefiting Nvidia by driving demand for its ad…
Microsoft and G42 announced a $15 billion investment to expand data center capacity in the UAE, enhancing Azure cloud and AI infrastructure with approval to use Nvidia chips, boosting Microsoft's lon…