Nvidia's Jensen Huang Expresses Hope for Restarting Blackwell Chip Sales to China: 'They Can't Be Replaced'
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 31 2025
0mins
Should l Buy NVDA?
Source: Benzinga
Nvidia's Optimism for China Sales: CEO Jensen Huang expressed hope for resuming sales of Nvidia's advanced chips in China, emphasizing the need to address U.S. national security concerns, with the final decision resting with President Trump.
China's AI Chip Market: Huang highlighted the significance of the Chinese market, noting that while China produces many AI chips, it has limited access to American technology, and he remains optimistic about American companies participating in the market.
Nvidia's South Korean Deal: Nvidia announced a deal to supply over 260,000 AI chips to South Korea, including major corporations like Samsung and Hyundai, showcasing the company's growth and international partnerships.
Stock Performance: Nvidia's stock has seen a significant increase of 46.63% year-to-date, closing at $202.81, reflecting strong market performance and investor confidence.
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Analyst Views on NVDA
Wall Street analysts forecast NVDA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NVDA is 264.97 USD with a low forecast of 200.00 USD and a high forecast of 352.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
41 Analyst Rating
39 Buy
1 Hold
1 Sell
Strong Buy
Current: 185.410
Low
200.00
Averages
264.97
High
352.00
Current: 185.410
Low
200.00
Averages
264.97
High
352.00
About NVDA
NVIDIA Corporation is a full-stack computing infrastructure company. The Company is engaged in accelerated computing to help solve the challenging computational problems. The Company’s segments include Compute & Networking and Graphics. The Compute & Networking segment includes its Data Center accelerated computing platforms and artificial intelligence (AI) solutions and software; networking; automotive platforms and autonomous and electric vehicle solutions; Jetson for robotics and other embedded platforms, and DGX Cloud computing services. The Graphics segment includes GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems, and Omniverse Enterprise software for building and operating industrial AI and digital twin applications.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Evolving Policy Landscape: As the Chinese government intensifies efforts for self-sufficiency in advanced chips, the recent approval for Nvidia's H200 imports under specific conditions highlights the uncertainty in policy that could impact market dynamics.
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Key Highlights from Monday's Investing Club Meeting
- Tech Stock Rally: The S&P 500 rose on Monday, buoyed by strong performances in big tech, with club holdings Nvidia and Broadcom climbing over 3%, indicating sustained market confidence in AI investments.
- Broadcom Rating Upgrade: The club upgraded Broadcom to a buy-equivalent 1 rating on Friday, reflecting optimism about its growth potential as a major beneficiary of increased AI spending, especially with Alphabet and Meta planning to boost their AI budgets.
- Microsoft Downgrade: Melius Research downgraded Microsoft from buy to hold, citing concerns that CEO Satya Nadella has lost the AI narrative; however, the club maintains a long-term positive outlook on Microsoft shares, indicating confidence in its future performance.
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- Surge in Codex Usage: Following the release of the new GPT-5.3-Codex model and a standalone Mac app, Codex usage surged by approximately 50% in the past week, enhancing the product's market appeal and potentially driving future revenue growth.
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- Amazon's Poor Performance: Currently, Amazon's stock is down 2.4%, with a year-to-date decline of 11.1%, indicating market concerns about its future growth prospects, which may affect investor confidence and lead to capital outflows.
- IBM Stock Fluctuation: International Business Machines (IBM) shares are down 1.9%, highlighting challenges in the current market environment that could impact its future investment appeal and market share.
- Microsoft's Resilience: In contrast to Amazon, Microsoft shares are up 1.9%, indicating relative strength in the market, which may attract more investor interest in its growth potential.
- Dow Component Dynamics: The stock movements of Amazon, IBM, and Microsoft reflect varying performances among Dow components, prompting investors to monitor how these changes affect overall market sentiment.
See More
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- Semiconductor Industry Growth Outlook: The semiconductor industry is projected to reach $1 trillion in annual revenue, with global sales at $791.7 billion in 2025 and expected to grow by 26% in 2026, primarily driven by strong demand for AI chips, where Broadcom is particularly prominent.
- Broadcom's Key Role in AI Economy: Broadcom's AI chip revenue surged to $6.5 billion this quarter, with projections of $8.2 billion next quarter, reflecting a 100% year-on-year growth, and the company's backlog across XPUs, switches, optics, and racks exceeds $73 billion, highlighting its critical position in AI infrastructure.
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