Nvidia Isn’t Just Breaking Out — It’s Entering a New Altitude Zone the Market Still Hasn’t Modeled

Quick Read

• Nvidia (NVDA) surged over 4% after the U.S. government approved exports of its H200 chips to Chinese firms including Alibaba (BABA), opening access to the massive Chinese market that could drive significant growth.

• The U.S. and China are working together to avoid escalating tensions, which is enabling greater accessibility to China’s market for Nvidia and positioning the company to capitalize on both the inference era and emerging physical AI applications through its dominant ecosystem.

• The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE.

Shares of Nvidia (NASDAQ:NVDA) have broken out in a big-time way, with shares blasting off more than 4% on Thursday, thanks in part to promising developments arising from China. Indeed, the U.S. government is giving the green light for a number of tech firms, including the likes of Alibaba (NASDAQ:BABA), among others, to import Nvidia’s H200 chips.

In a prior piece, I highlighted the potential to sell to the Chinese market as a wild card needle-mover for Nvidia. And after the latest development, perhaps investors are only just starting to model what greater accessibility to the massive Chinese market could mean for the stock.

Is this breakout in Nvidia buyable?

Could the nearly 5% move on just be the start of a sustained rally, as Nvidia stock finally looks to spring after a multi-month breather period consolidating below $200 per share?

The analyst who…