By Joey Frenette
Publication Date: 2026-02-01 13:33:00
After a relatively sluggish start to 2026, Nvidia (NASDAQ:NVDA) shares finally seem ready to pick up traction. Just when it seemed like the GPU titan was about to lead the Magnificent Seven lower, shares went on to gain close to 8% from their past-month lows. With shares now slightly in the green on the year, as CEO Jensen Huang visits China, there’s every reason to be optimistic, even if earnings season introduces another layer of volatility to the tech and AI trade.
Undoubtedly, it’s a very interesting time for Nvidia’s top boss to be visiting China, especially amid recent developments regarding the firm’s ability to sell the H200 chip there. Undoubtedly, there’s been quite a bit of back and forth regarding the matter, with the U.S. allowing for exports while China seemingly flip-flopped, signaling early rejection (whether it’s due to the 25% markup or a show of domestic pride, given Huawei chips are an alternative, albeit less powerful one), only to approve after warming up to the idea.
Indeed, there’s a lot of rapid-fire politics here, but Huang’s visit, I think, could really smooth relations between the world’s two largest AI superpowers. Of course, I’m sure Nvidia shareholders would start getting excited again as the doors to the massive Chinese market were to open.
At this juncture, it seems like tensions have de-escalated in a big way, probably thanks to Huang. With the first H200 chip imports on the way after China’s recent green…