Why Nvidia could absorb the hit from US restrictions on AI chip exports to China?

Why Nvidia could absorb the hit from US restrictions on AI chip exports to China?

Every weekday, CNBC’s Investment Club has a morning session live with Jim Cramer at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. U.S. stocks were choppy in mid-morning trading Tuesday, with stocks set to end losses for a third straight month. The S&P 500 and Nasdaq Composite both fluctuated between losses and …

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Missing Nvidia? The fund manager says this under-the-radar network stock is set to boost artificial intelligence

Missing Nvidia?  The fund manager says this under-the-radar network stock is set to boost artificial intelligence

Tech companies, especially those that leverage artificial intelligence, have been in the spotlight this year with investments from the likes of Nvidia, Baidu, and Alibaba. However, one perhaps lesser-known company stands out for portfolio manager Sanjay Iyer: US cloud computing and networking equipment company Arista Networks. “[Arista] Ayer, portfolio manager at US-headquartered WCM Investment Management, …

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