U.S. chip giant Nvidia and Saudi Arabia announced partnerships on Tuesday as part of the kingdom's plans to develop artificial intelligence and strengthen cloud computing infrastructure with the help of foreign investment.
Other semiconductor stocks also did well Monday after Beijing and Washington agreed to drastically reduce tariffs for 90 days while talks on a more permanent deal continue.
Nvidia Corporation remains undervalued despite a 25% stock price increase, as there's still a discount caused by panic selling related to tariffs. The recent "truce in Geneva" between the U.S. and China, reducing tariffs, has positively impacted Nvidia and the broader market. Nvidia is well-positioned to navigate any future trade turmoil or escalations, maintaining its robust growth trajectory.
Chip titan Nvidia Corp (NASDAQ:NVDA) is enjoying trade tailwinds with the rest of the "Magnificent 7" today, after the U.S. and China agreed to cut reciprocal tariffs by 115% for 90 days.
Nvidia Corp (NASDAQ:NVDA, ETR:NVD) is facing near-term headwinds from the US export ban on its H20 GPUs, prompting UBS analysts to trim their price target on the chipmaker to $175 from $180 ahead of its fiscal first quarter 2026 earnings report. Shares of Nvidia traded up 5.2% at about $122 on Monday amid a broader market rally as the US and China agreed to temporarily lower tariffs.
Tech giant Nvidia split stock in 2024, will it do it again in 2025? Nvidia has multiple catalysts working for it and despite the current weakness, the AI stock will bounce back.
Zacks.com users have recently been watching Nvidia (NVDA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Nvidia (NASDAQ: NVDA) stock was swept upward in the wide Monday pre-market rally, soaring 4.41% ahead of the May 12, 2025, morning bell from its latest closing price of $116.65 to $121.80.
NVIDIA's stock price is up about 4.6% in futures trading on Monday morning.
Summary ⚈ Nvidia's early AI chip launch led to massive investor returns, with stock gains exceeding 13,000%. ⚈ Successive chip innovations like Hopper and Blackwell have driven performance and adoption.
Despite the H20 GPU export license drama, Nvidia is up by 5% since April 15. I believe the market is paying more attention to the growth story in the US. I believe the decline in gross margins since Q2 last year may be driven by H20 sales in China. The less revenue exposure to this country, the higher the margins. That said, H20 GPU sales in China are robust, with major orders from ByteDance, Alibaba, and Tencent in Q1, mitigating the $5.5 billion headwind.
Nvidia has turned out spectacular gains for early investors, but the good news is ‘The Next Nvidia' stocks may be even better.