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Nasdaq ends at another record high on Nvidia's China chip cheer
UNITED STATES, JUL 15 – Nvidia's stock climbed 5.06% after the U.S. government reversed April export restrictions, enabling renewed sales of H20 AI chips to China following a strategic meeting between CEO Jensen Huang and President Trump.
- On July 15, 2025, Nvidia's stock surged to a new all-time high of $172.38 after the US approved resuming its H20 AI chip sales to China.
- This came after U.S. trade limitations introduced in April 2025 had drastically reduced Nvidia's market presence in China, with CEO Jensen Huang noting that these measures had nearly halved the company's share in that region.
- The Nasdaq Composite posted a record close supported by Nvidia's gains, while the Dow Jones and S&P 500 slipped amid mixed bank earnings and modestly higher inflation.
- Nvidia reported revenues of $148.51 billion and a net profit of $76.77 billion over the past twelve months, while analysts have set an average price target for its stock near $174.
- The chip sales resumption positions Nvidia for growth amid strong AI demand and highlights the evolving US-China trade framework affecting technology exports.
26 Articles
26 Articles
Nvidia (NASDAQ: NVDA) Stock Price Prediction for 2025: Where Will It Be in 1 Year (July 16)
Shares of Nvidia Corp. (NASDAQ: NVDA) have surged 52.1% over the past 90 days, including a 4.7% pop in the past week. That has brought the stock back to 27.1% higher than at the beginning of the year, and shares have hit an all-time high above $172. This rebound from the spring low has sparked mixed reactions. Some analysts are raising price targets, while others caution against headwinds following recent U.S.-China trade developments. Nvidia, t…
Nasdaq ends at another record high on Nvidia’s China chip cheer | Honolulu Star-Advertiser
The Nasdaq Composite posted its latest record finish today, supported by a jump in shares of heavyweight Nvidia, but the other Wall Street benchmarks dropped as a key inflation report and a flurry of bank earnings failed to excite investors.
New York.- The Nasdaq Composite scored a new record this Tuesday, supported by an upturn in Nvidia's shares, but the other Wall Street indices fell, as an inflation figure and a flood of bank results failed to excite investors. According to preliminary data, the Nasdaq Composite won 0.18%, to 20 thousand 677.80 units. The Industrial Dow Jones average dropped by 0.98%, to 44 thousand 022.58, and the S&P 500 yielded 0.40%, to 6 thousand 243.67 poi…
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