Nvidia Stock Explodes Despite Rumors Jensen Huang Is Cut From Trump’s China Trip
Nvidia (NVDA) shares superior on Monday even after a “supply acquainted” report indicated chief government Jensen Huang is not going to journey to Beijing with President Donald Trump for this week’s summit with Chinese chief Xi Jinping.
Earlier Reuters reporting named Nvidia amongst roughly a dozen firms invited to a trimmed CEO delegation. Trump arrives in Beijing on May 13, with formal state conferences scheduled for May 14 and May 15.
Why the Stock Shrugged Off the News
As of this writing, Nvidia’s NVDA inventory was buying and selling for $222.16, up almost 5% on information that CEO Jensen Huang could not accompany Trump to China.
Wall Street has learn the exclusion as background noise fairly than a detrimental catalyst. Huang instructed traders that Nvidia’s market share for advanced AI accelerators inside China has collapsed to roughly zero beneath United States export restrictions.
Analyst fashions and present valuations already assume no significant income from restricted chips contained in the nation.
Nvidia inventory has trailed the broader semiconductor index for weeks due to that overhang, with portfolio managers pointing to AI demand outdoors China because the dominant earnings lever.
A single state-visit look wouldn’t have modified the coverage framework, which sits with the Commerce Department and Congress.
Investors seemingly considered the hypothesis because the administration holding agency on chip controls fairly than signaling concessions, a hawkish posture many funds desire for long-term sector positioning.
“He is claimed to not have been invited, signaling Trump might not be keen to supply AI chip concessions in commerce negotiations,” one consumer stated.
What Investors Are Watching Next
The CEO roster has been described as fluid within the days main as much as departure. Boeing chief Kelly Ortberg and Citigroup chief Jane Fraser are confirmed, whereas Qualcomm chief Cristiano Amon is anticipated. Others more likely to go embrace Elon Musk and Apple’s Tim Cook.
The White House has not printed a remaining attendee record.
Nvidia’s recent record revenue print and continued demand from hyperscale patrons stay the core bull case.
The query for holders is whether or not any post-summit communique touches chip export carve-outs.
Until then, AI infrastructure spending across U.S. and allied markets stays the one progress narrative traders are pricing.
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