Needham is the latest Wall Street giant to crank up Nvidia’s price target, and the jump is big. The firm bumped its price target to $200 from $160, while maintaining a buy rating, following Nvidia’s confirmation that it’s gearing up to resume H20 chip sales to China.

Nvidia said it has filed applications to resume selling H20 GPUs in China and has received assurances that licenses will be granted.

The Dow Jones index Wednesday trimmed gains that arrived after bank earnings and tame wholesale inflation data. ASML stock plunged on this warning.

US stock market rises as Dow Jones Industrial Average rose slightly on Wednesday, gaining 88 points (0.3%) as investors reacted to better-than-expected bank earnings from Goldman Sachs, Morgan Stanley,

Nvidia stock is jumping today following announcements that the Trump administration will allow the company's H20 processor and other hardware to be sold in China. The approval of the export licenses for the company's AI hardware is an unexpected development -- and a big win for CEO Jensen Huang.

The Dow Jones index wavered Tuesday after the CPI inflation report. Nvidia stock surged on AI chip sales to China.

Nvidia Corporation leads the global AI revolution. U.S.-China export breakthroughs boost H20 GPU sales in China, driving revenue. Click for my NVDA update.

That said, Nvidia is likely too large now to replicate its past investment returns. Low-double-digit annualized returns seem more realistic, making Nvidia a fantastic addition to a diversified portfolio, just not the life-altering stock it has been to this point.