NVIDIA Stock (NVDA) Today: China H200 Export Shift, Blackwell Demand, and Wall Street’s 2026 Outlook (Dec. 23, 2025)

NVIDIA Stock (NVDA) Today: China H200 Export Shift, Blackwell Demand, and Wall Street’s 2026 Outlook (Dec. 23, 2025)

By Khadija Saeed
Publication Date: 2025-12-23 14:48:00

NVIDIA Corporation (NASDAQ: NVDA) stock is in focus on December 23, 2025, as investors weigh a fast-moving mix of export-policy headlines, AI infrastructure spending signals, and fresh analyst forecasts into 2026. Shares were trading around $183.69 in early afternoon UTC, after a recent rebound that has put the stock back near key technical levels watched by short-term traders and long-term momentum investors alike.

Below is what’s driving NVDA today—plus the major forecasts and risks shaping the next leg of the AI trade.


NVDA stock price check: where NVIDIA shares stand on Dec. 23, 2025

As of 14:16:08 UTC on Tuesday, Dec. 23, NVDA was priced near $183.69, up about 1.5% from the prior close, with an intraday range roughly between the low $181s and high $183s.

That price level matters because it places NVIDIA in the middle of an active debate: is the stock digesting gains after a historic run, or setting up for another breakout as AI spending extends into 2026? The answer—at least in today’s market—hinges on geopolitics and supply.


The headline moving NVIDIA stock: a potential return of H200 exports to China

1) NVIDIA’s H200-to-China plan: shipments targeted for mid‑February 2026

The biggest near-term catalyst is a Reuters-reported plan for NVIDIA to begin shipping H200 AI chips to China by mid‑February 2026, using 5,000 to 10,000 chip modules from existing stock, equivalent to roughly 40,000 to 80,000 H200 chips. [1]

The development follows a major U.S. policy…