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Critics have slammed the White House's anticipated move to loosen AI chip exports as ceding leverage to the U.S. rival.

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First, let's just look at the simple chart for Nvidia (NVDA). The stock's old high at $153 (red bar) should provide support. The 40% downturn that occurred in the first four months of 2025 is history.

NVIDIA (NASDAQ:NVDA) solidly hurdled the $4 trillion in market cap hurdle this past week as news emerged that the AI chip firm will resume shipments to China.