NVIDIA stock price rises with Trump administration's AI strategy boosting investor optimism
In the early morning of Monday Eastern Time, Nvidia rose by about 0.8%. Analysts said that the AI strategy of the Trump administration boosted investor optimism. The Trump administration recently announced a broad artificial intelligence strategy aimed at expanding America's dominance in the field - with a focus on relaxing regulations and infrastructure development. The 25-page "American AI Initiative" includes 90 policy proposals to streamline data center construction, enhance the ability of American allies to access AI tools, and repeal federal regulations that "hinder" AI development.
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