NVIDIA Corporation (NASDAQ:NVDA) is one of the AI Stocks Investors Are Watching Closely. On July 16, Needham analyst Rajvindra Gill raised the price target on the stock to $200 from $16. The firm has a “Buy” rating on the shares.

CEO Jensen Huang that Beijing wants top?quality, reliable AI products and services. Huang called the Chinese market very attractive and said Nvidia will deepen collaboration with local partners. Warning!

NVIDIA’s (NASDAQ: NVDA) market received a green light to rally that will have far-reaching repercussions. NVIDIA is the largest company globally, with a valuation exceeding $4 trillion, and has the most significant impact on the S&P 500 index.

Nvidia 's ( NVDA 0.37%) business has been going strong over the past few years thanks to its dominance in the global artificial intelligence (AI) chip market. The company designs the most powerful AI chips on the market,

Nvidia is set to recoup billions of dollars in revenue as the Trump administration has signaled it will grant licenses for the company to resume sales of its AI chips to China after a surprise export ban in April.

Treasury Secretary Scott Bessent’s comments and news of the resumption of H20 chip sales to China have excited Wall Street.

Nvidia's H20 GPUs to resume shipments in China, boosting revenue; Needham analyst raises price forecast to $200 and sees strong demand for new Blackwell variants.

The recent leg of the rally was driven by news that the U.S. government approved renewed sales of some AI chips in China, a development that could recover a large portion of the roughly $15 billion in data?