NVIDIA: Rally and Diplomacy Push
NVIDIA's shares have continued to rally on large GPU order backlogs while CEO Jensen Huang publicly urged renewed U.S.–China dialogue on AI safety and asked officials to reconsider export restrictions. He also warned about China's large-scale datacenter capacity as part of his comments on global AI competition. (livemint.com) (newsbytesapp.com) (crypto.news)
Nvidia shares kept climbing this week as investors focused on a huge graphics processing unit order backlog and Jensen Huang’s push for a new United States-China artificial intelligence dialogue. (cnbc.com) (bloomberg.com) By April 15, Nvidia stock had risen for 10 straight sessions and gained 18% over that stretch, its longest winning streak since 2023. Huang said at the company’s March GTC conference that Nvidia has more than $1 trillion in graphics processing unit orders through 2027. (cnbc.com) Nvidia’s latest reported numbers help explain the rally: fourth-quarter revenue reached $68.1 billion, up 73% from a year earlier, and data center revenue hit $62.3 billion, up 75%. Data center chips now account for 88% of Nvidia’s business, according to CNBC’s report on the stock move. (nvidianews.nvidia.com) (cnbc.com) At the same time, Huang used an April 15 podcast interview to argue that Washington and Beijing should talk directly about how advanced artificial intelligence is used. He said researchers in the world’s two largest economies should agree on “what not to use the AI for.” (bloomberg.com) That appeal lands after the United States tightened limits on Nvidia’s China business in April 2025. Nvidia said then it would take a roughly $5.5 billion quarterly charge after the government required a license for exports of its H20 artificial intelligence chips to China and some other destinations. (cnbc.com) (usnews.com) Huang’s argument is not only about sales. In the Bloomberg report on the interview, he said recent progress in powerful models showed why safety talks matter, while separate reports on the same appearance said he warned that China has enough computing capacity to train frontier systems of its own. (bloomberg.com) (msn.com) The policy debate cuts both ways. United States officials have said export controls are meant to keep advanced chips out of Chinese supercomputers and military-linked uses, while Nvidia has argued for continued engagement with both governments. (techcrunch.com) (nvidianews.nvidia.com) For now, Wall Street is trading on demand visibility and Washington is still setting the rules. Nvidia closed April 15 at $198.87, just below the split-adjusted record of $212.19 that CNBC cited from October, as Huang pressed for more diplomacy around the technology driving the rally. (finance.yahoo.com) (cnbc.com)
