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The fast-food worker fraudulently obtained $200,000 of advance credit, and plowed it into several trendy stocks including Apple and AMC, the SEC said.
"We have little doubt that Nvidia will sell every GPU it can secure from TSMC in the quarters ahead," Morningstar said.
AI chipmaker Nvidia posted revenues of $13.51 billion in the second quarter. That's 88% higher than the previous quarter and up 101% from a year ago.
Nvidia: The shares surged as much as 10% in aftermarket trading, boosting Huang’s total fortune to $46.1 billion, according to the Bloomberg Billionaires Index. If that gain can be sustained, Huang is poised to end up among the world’s 25 wealthiest individuals, the index shows.
"We have little doubt that Nvidia will sell every GPU it can secure from TSMC in the quarters ahead," Morningstar said.