The top Democrat on a U.S. House of Representatives committee focused on China on Monday signaled that he is open to the sale of the older Nvidia generation of "Hopper" chips to China, a change from his predecessor's position.
Dassault Systemes, a software company that Nvidia's Jensen Huang says is at the center of the next industrial frontier of AI, saw its shares losing a fifth of its value after a profit warning.
Micron Technology has outperformed NVIDIA over the past year as surging HBM demand and tight supply position it as a compelling AI investment.
Over the past three months, some of the biggest names in the semiconductor industry have stalled out. NVIDIA NASDAQ: NVDA is up just 1% over that time, Broadcom NASDAQ: AVGO is down 1%, and Advanced Micro Devices NASDAQ: AMD has fallen over 7%.
Nvidia (NVDA) concluded the recent trading session at $189.86, signifying a +2.4% move from its prior day's close.
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Mega-cap tech is ready to raise the bar on its AI spending, and that's really helped shares of NVIDIA (NASDAQ:NVDA) come roaring back after a few sessions that saw all of tech (AI and software) take several steps lower.
Nvidia Corporation's stock lags 12-13% below 52-week highs despite strong fundamentals and growing AI-driven demand from mega-cap customers like Meta, Microsoft, Alphabet, and Amazon. Q4 2026 revenue guidance of $65 billion plus 2% implies a potential beat near $67.3 billion, driven by full-rack solutions and AI software growth. NVDA's operating leverage is improving due to higher-margin integrated rack sales, software revenue from Nvidia AI Enterprise, and strategic price increases on GPUs.
Nvidia is rated a strong buy with a $219 price target, offering 25% upside and countering bearish views of a potential AI bubble collapse. The company's competitive moat is built on vertical integration of hardware, networking, and a dominant CUDA software ecosystem with over 4.5 million active developers. Nvidia shows elite profitability through its fabless model, generating an industry-leading $2.76 million in net income for every employee on the payroll.
Artificial intelligence (AI) drove Nvidia to new heights, but fears of a peak have pushed the stock into correction territory. The company supplies the processors that fueled the AI boom.
Nvidia's stock boomed between May and November last year. Now, it has returned to the low valuation level it sat at last spring.
Nvidia Corporation (NASDAQ:NVDA) surged 72% on Friday, February 6, 2026, closing at $185 after opening at $176.69.