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Nvidia has reportedly received approval from the U.S. government to resume sales of its AI chips to the Chinese market following a year-long absence. Despite this positive fundamental development, NVDA stock is currently experiencing a sustained sell-off as investors navigate broader market volatility. Technical indicators suggest that the stock has reached a critical inflection point, which market participants believe could determine its next major directional move. While the immediate price action is bearish, some analysts are viewing this pullback as a 'generational buying opportunity' for long-term investors. The resumption of operations remains a critical step in Nvidia maintaining its global leadership and tapping back into significant demand from major Chinese tech firms like ByteDance and Alibaba.
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