NVIDIA shares are on a dramatically firmer footing today, last up over 2.5 percent in pre-market trading and helped along by a dovish PPI reading in the US, reports of a gradual tariff hike path under the incoming Trump administration 2.0, and a soothing report out of TSMC. Meanwhile, China's semiconductor industry is predictably still reeling from the expansive curbs placed by the outgoing Biden administration yesterday. We reported yesterday that NVIDIA's Blackwell AI servers purportedly continue to face overheating and glitching issues, apparently prompting the chipmaker's mega customers, including Microsoft, Google, and Meta, to pare their respective Blackwell orders. […]
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