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NVIDIA Stock Rally Accelerates as China Chip Deal Progresses

NVIDIA Stock Rally Accelerates as China Chip Deal Progresses

Global Cryptocurrency
Release Time:
2026-05-14 21:14:01
0
BTCCSquare news:

NVIDIA shares surged 10% in five days, fueled by CEO Jensen Huang's inclusion in President Trump's delegation to China and regulatory approval for H200 AI chip sales. The stock now eyes $250 amid revised Wall Street targets.

Wells Fargo analysts project a 40% upside to $300, citing NVIDIA's new Groq 3 LPU and server products unveiled at March's GTC event. Huang's Beijing visit with tech leaders reignites hopes for expanded Chinese market access.

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