Nvidia Corporation surges on China export approval, boosting H20 chip momentum. Click for my updated look at NVDA stock and why I am downgrading it.

A Pivotal Decision for Nvidia Nvidia (NASDAQ:NVDA) announced it had secured U.S. government approval to resume sales of its H20 artificial intelligence (AI) chips to China, which could propel the chipmaker’s financial trajectory forward on its path to a potential $20 trillion market valuation.

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

Nvidia's shares have climbed back to all-time highs as investors regain optimism in its AI infrastructure business. Generative AI will change the world. With shares up more than 50% since the start of April,

The GraniteShares 2x Long NVDA Daily ETF offers leveraged exposure to Nvidia, ideal for investors bullish on AI-driven gains.

Nvidia growth estimates to get a boost as the U.S. lifts chip export curbs on China, bringing the estimates 10% higher, says Gene Munster.

NVIDIA Corporation (NASDAQ:NVDA) is one of the Trending AI Stocks on Wall Street. On July 10, Goldman Sachs analyst James Schneider initiated coverage on the stock with a “Buy” rating and a price target of $185.

The AI chip giant is cheering now, but the celebration may be short.

We recently published 10 Stocks Jim Cramer Discussed As He Commented On Latest Tariffs. NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer recently discussed.