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Pocket Pivot Review - Mag 7 NVDA

NVDA rose on volume after the Trump administration planned to repeal AI chip export restrictions put into place under former President Joe Biden. While the volume was not enough for a pocket pivot, the volume traded after the announcement at 3:40 pm ET was substantial for NVDA to qualify. NVDA, META, and MSFT have been the overall price leaders among the Magnificent Seven this year which includes early April's market mini-crash. Challenges to NVDA including the US's attempt to restrict sales of NVDA chips along with China's Deepseek open source model were not enough to dethrone NVDA's leading price performance.

Nvidia’s GPUs are the backbone of nearly all advanced AI training and inference worldwide.



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