Is Nvidia stock a buy? NVDA announces new chips for Chinese market

The semiconductor giant Nvidia (NASDAQ: NVDA) offered a very strong performance throughout 2023, with its stock rising more than 200% in the 52-week period. This success was largely driven by the artificial intelligence (AI) boom, as well as technological developments such as the unveiling of a new high-end chip – the H200.The company, however, was also faced with a potentially major setback in late October as the U.S. government announced a new round of export restrictions with said new rules jeopardized a ...