Nvda Stock Near Record as Nvidia CEO-Trump Meeting Signals China Chip Access
Nvidia extended its market rally as investors cheered signs of U.S. support for semiconductor expansion and renewed access to China.
Quick overview
- Nvidia's stock surged to nearly $180 following a meeting between CEO Jensen Huang and President Trump, focusing on semiconductor production and trade policies.
- The company regained partial access to the Chinese market for its H20 chips, alleviating concerns over potential revenue losses from export restrictions.
- Despite the positive developments, analysts warn that competition from Chinese chipmakers could impact Nvidia's market share in the coming years.
- Investor optimism remains strong, driven by AI demand and government support, with upcoming earnings potentially influencing Nvidia's stock trajectory.
Nvidia extended its market rally as investors cheered signs of U.S. support for semiconductor expansion and renewed access to China.
Nvidia Extends Rally Amid White House Focus on Chips
Nvidia (NASDAQ: NVDA) approached $180 today, hitting fresh record highs after opening lower at $176.35. The move came as CEO Jensen Huang met with U.S. President Donald Trump at the White House, in what is widely assumed to involve discussions on tariffs, U.S. chip production, and China trade policy. The meeting took place ahead of Apple CEO Tim Cook’s $100 billion domestic investment announcement, reinforcing the administration’s focus on tech manufacturing in America.
NVDA Chart Daily – The 20 SMA Held
On Wall Street, tech optimism fueled the Nasdaq Composite to a 1.29% gain, with Apple jumping 5.1% to lead the charge. Nvidia’s rise highlights the renewed bullish momentum across the semiconductor sector, as government backing and AI demand continue to underpin valuations.
China Access and the Near‑$4 Trillion Moment
In a notable policy shift, Nvidia reportedly regained partial access to the Chinese market for its H20 chips, reversing part of the export restrictions introduced in April. The move provides some relief for Nvidia, which had warned of $5 billion in potential revenue losses if the ban persisted. Analysts, however, caution that the company may not reclaim its former dominance, as Chinese competitors seize market share.
The market response was swift, with NVDA stock climbing above the $4 trillion market cap milestone, although it ultimately fell just short of breaking it. Investor attention is now turning to upcoming earnings, which could determine whether Nvidia’s rally sustains or faces a pullback.
Competitive Landscape and Market Outlook
Even with the policy relief, Chinese chipmakers like Huawei, Cambricon, and Hygon are leveraging Beijing’s push for self‑sufficiency to challenge Nvidia. According to Bernstein estimates, Nvidia’s AI chip market share in China may drop to 54% in 2025 from 66% last year, reflecting the fierce domestic competition and geopolitical risks that continue to shadow the stock.
Despite this, investor enthusiasm remains high, driven by the AI boom and semiconductor incentives. If earnings meet or exceed expectations, Nvidia could retest its valuation peak and reignite momentum across the broader chip sector.
- Check out our free forex signals
- Follow the top economic events on FX Leaders economic calendar
- Trade better, discover more Forex Trading Strategies
- Open a FREE Trading Account
Save