Nvidia rallies on China comeback; Wall Street eyes $300 soon

Nvidia to ramp H200 production for China after Trump-approved chip sales; analysts lift NVDA targets to $250–$350 amid AI-driven chip boom.

  • NVIDIA plans to raise H200 chip production to meet strong demand from China.
  • President Donald Trump approved chip sales to approved Chinese companies; Nvidia reportedly gives 25% of profits to the U.S. government.
  • NVDA stock is up more than 40% year-to-date and faces upside forecasts toward $300 and higher.
  • Wall Street firms raised targets: DA Davidson $250, Rosenblatt and Cantor Fitzgerald $300, and Tigress Financial (Ivan Feinseth) to $350, calling Nvidia “must-own core holding”.
  • Bank of America analyst Vivek Arya projects global chip sales to rise about 30% to $1 trillion in 2026, supporting semiconductor demand.

Nvidia plans to increase production of its H200 chips to meet robust demand from China as it enters 2026. The company’s stock, NVDA, has gained over 40% year-to-date following strong momentum since 2025, and analysts see further upside tied to renewed China sales and AI demand.

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President Donald Trump approved chip sales to approved Chinese companies, and the report says Nvidia gives 25% of profits to the U.S. government. Market watchers say higher sales in China could push the stock toward $300 and beyond, with some forecasts implying roughly a 50% upside from current levels.

Wall Street consensus projects slightly over 40% growth for NVDA in 2026 on strong AI demand and leadership in high-performance computing. DA Davidson upgraded to Buy with a $250 target, while Rosenblatt and Cantor Fitzgerald kept Buy ratings and $300 targets.

Tigress Financial analyst Ivan Feinseth raised his price target for NVDA from $280 to $350 and called the company “must-own core holding” for AI investors. Investors will also watch the CES tech trade show in Las Vegas, where CEO Jensen Huang is expected to discuss AI robotics, simulation, content creation, and gaming—announcements that have previously moved the stock.

Bank of America analyst Vivek Arya outlined a bullish semiconductor outlook, forecasting global chip sales to climb about 30% to reach $1 trillion in 2026, a milestone previously pushed out to 2030. Analysts say that combination of rising chip demand and product supply increases underpins the recent string of price-target hikes.

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