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AI & Enterprise
Trump call adds Nvidia CEO to China trip, sends shares up; Wall Street sees 30 percent more gains
Nvidia shares extended a seven-session rally and briefly touched $227 on May 13 after reports that U.S. President Donald Trump added CEO Jensen Huang to a Beijing delegation. The move fuelled renewed expectations for Nvidia’s AI chip business in China. Analysts cited a potential $50 billion China AI market but also noted prior hits from tighter U.S. export licensing. Wall Street raised price targets, while technical and options indicators showed mixed signals ahead of May 20 results.
Industry
Nvidia shows bitcoin-like move; can Trump tariff refunds send it higher
Nvidia shares have rebounded about 23 percent from a late-March low and are testing a key resistance level, with some analysis likening its pattern and volatility to bitcoin. Options indicators show a declining put-call ratio, suggesting reduced demand for downside protection. A U.S. Supreme Court ruling deeming Trump-era reciprocal tariffs illegal has prompted expectations of large tariff refunds, which could ease Nvidia’s import cost burden. Technical targets hinge on a breakout above $201.75.
AI & Enterprise
Hunt for the next Nvidia: Three AI prospects to hold in March
Nvidia dominates the AI chip market, but the market is starting to weigh alternatives as institutional flows turn cautious, tariff risks on Taiwan-made semiconductors rise and valuation pressure builds. BeInCrypto identified TSMC, Alphabet and Broadcom as AI-related stocks seen as relatively stronger on technical and fundamental measures ahead of March 2026. Nvidia’s share price has shown a limited response despite strong results, while indicators point to weak inflows.
