Nvidia’s China AI Chip Demand Fuels $300 Price Target Speculation
Nvidia (NVDA) emerges as a dominant force in the AI chip market, with Wall Street analysts projecting a 50% upside potential as China demand accelerates. The stock has surged 40% year-to-date, buoyed by the TRUMP administration's approval of restricted chip sales to Chinese firms—a deal requiring 25% profit sharing with the U.S. government.
Market attention now shifts to CES, where CEO Jensen Huang's keynote on AI robotics and gaming could trigger volatility. Previous Huang presentations have moved markets significantly, making this a pivotal moment for NVDA's trajectory.