"Shares of Nvidia Corp. ( NASDAQ: NVDA) are up 20.9% over the past 90 days, despite a marginal retreat as China bans companies from buying Nvidia AI chips and Nvidia is among companies investing $45 billion in U.K. AI infrastructure. The stock is 43.7% higher than six months ago, easily outperforming the S&P 500 and Nasdaq in that time. However, the rebound from the spring low has sparked mixed reactions."
"Nvidia, the leading artificial intelligence (AI) chipmaker, has been navigating a pivotal moment since posting mixed first-quarter earnings that one analyst called a victory. The second-quarter report was stellar on the top and bottom lines, but its guidance fell short of high expectations. Note that recent gains for the chipmaker helped wipe away the steep drop the stock suffered early in 2025, after reporting it would take a $5.5 billion charge tied to H20 chip export restrictions to China."
Nvidia's shares rose 20.9% over the past 90 days and 43.7% over six months, outperforming the S&P 500 and Nasdaq. China banned companies from buying Nvidia AI chips while Nvidia joined others investing $45 billion in U.K. AI infrastructure. First-quarter results were mixed; second-quarter revenue and profit were strong but guidance disappointed lofty expectations. The company reported a $5.5 billion charge tied to H20 chip export restrictions to China, with analysts estimating a potential $9 billion revenue impact and about $700 million hitting fiscal Q1. Nvidia is shifting toward U.S. AI infrastructure and new chip designs for China amid robust data-center demand and U.S.-China trade uncertainty.
Read at 24/7 Wall St.
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