China likely to restrict Nvidia's H200 imports despite Trump's approval.
China's New Limits on Nvidia Chips: China is planning to impose new restrictions on Nvidia's H200 chips, requiring buyers to justify their need for these American products as part of a strategy to bolster its own semiconductor industry.
Impact of Trump's Approval: Despite Donald Trump's approval for Nvidia to export H200 chips to select Chinese customers, there is significant pushback in Washington, with proposed legislation aiming to block such exports for 30 months.
Beijing's Semiconductor Strategy: Chinese regulators are considering measures to limit access to H200 chips, including potentially barring government departments from purchasing them, as part of a broader initiative to reduce reliance on foreign semiconductors.
Nvidia's Current Position: Nvidia is still allowed to sell a modified version of its chip, the H20, to China, but its adoption is limited due to performance concerns compared to local alternatives, and the company has agreed to share a portion of its revenue from these sales with the US government.
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Technical Analysis for TRUMP
Technical Sentiment Analysis for OFFICIAL TRUMP (TRUMP) As of , OFFICIAL TRUMP (TRUMP) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 5 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TRUMP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, TRUMP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
OFFICIAL TRUMP (TRUMP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.545 | 2.282 | 3.045 | 3.782 | 4.545 | 5.282 | 6.045 |
| Fibonacci | 2.282 | 2.855 | 3.209 | 3.782 | 4.355 | 4.709 | 5.282 |
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