Nvidia (NVDA) Gains Amid US Chip Export Policy Shift; $200 Target in Sight
Nvidia’s stock continues its upward trajectory as the US revises its stance on chip exports, potentially clearing a path to $200. The semiconductor giant, previously caught in geopolitical crosswinds, now benefits from shifting market sentiment and easing trade tensions.
Thursday’s rally across US markets provided fertile ground for Nvidia’s resurgence. The company’s fortunes appear to be turning after facing headwinds in both domestic and Chinese markets earlier this year. Analysts now watch for whether this momentum can sustain through 2025.