Nvidia CEO Jensen Huang says the company is discussing a potential new computer chip designed for China with the Trump administration.

NVIDIA Corporation (NASDAQ:NVDA) is one of the Trending AI Stocks on Wall Street. On August 20, Deutsche Bank analyst Ross Seymore reiterated a Hold rating on the stock with a $155.00 price target.

In an unprecedented “revenue-sharing” deal, Nvidia and Advanced Micro Devices agreed to remit 15% of their revenue from AI chips sold into China to the U.S. government.

Nvidia (NASDAQ:NVDA) has experienced a meteoric rise over the past few years, transforming from a graphics card giant for gamers into the undisputed leader of the AI revolution. With a market capitalization soaring to $4.

Chinese artificial intelligence startup DeepSeek has hinted that China will soon have homegrown "next generation" chips to support its AI development.

Samsung reportedly offered NVIDIA its 12-layer HBM3E memory at 20-30% cheaper than SK hynix for use on its made-for-China H20 AI GPU.

This is after the US announced that it would allow the sale of more advanced technology to China, so long as the US gets a 15% cut of the proceeds.

Sam Altman has cautioned against the use of export controls and has warned that China can probably build inference capacity faster than the U.S..