NVIDIA Stock Surges Ahead of Trump–Xi Summit: Key Insights and Predictions
NVIDIA Corporation (NVDA) Stock Price Today: What the Trump–Xi summit could mean for NVDA stock price prediction and outlook as Jensen Huang boards Air Force One amid Dow Jones and Nasdaq volatility?
The Economic Times
Image: The Economic Times
NVIDIA Corporation (NVDA) shares rose to $220.78, with pre-market trading pushing towards $225.60, following CEO Jensen Huang's participation in a high-stakes summit with President Trump and Chinese President Xi Jinping. This event could signal a potential diplomatic resolution to U.S.–China semiconductor tensions, impacting NVIDIA's market position significantly.
- 01NVIDIA shares are up 0.61% today, with pre-market trading indicating a further rise.
- 02CEO Jensen Huang's attendance at the Trump–Xi summit may lead to improved U.S.–China relations regarding semiconductor sales.
- 03Analysts predict NVIDIA's Q1 revenue could reach $80 billion, exceeding the consensus estimate of $78.6 billion.
- 04NVIDIA's market share in China collapsed from 95% to nearly zero due to U.S. export restrictions.
- 05Bank of America has raised its price target for NVIDIA to $320, indicating a potential 27% upside.
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On May 13, 2026, NVIDIA Corporation (NVDA) shares traded at $220.78, reflecting a 0.61% increase, with pre-market figures suggesting a rise to $225.60. The surge is attributed to CEO Jensen Huang boarding Air Force One for a summit with President Donald Trump and Chinese President Xi Jinping, which could signal a thaw in U.S.–China semiconductor tensions. This geopolitical event is pivotal as NVIDIA's market share in China plummeted from 95% to nearly zero due to U.S. export controls. Analysts expect NVIDIA's upcoming Q1 earnings report on May 20 to show revenues of around $80 billion, surpassing the consensus estimate of $78.6 billion. Additionally, Bank of America has increased its price target for NVDA to $320, suggesting a 27% upside from current levels. The stock's performance today stands out amid a mixed broader market, with the Dow Jones at 49,760.56 and the S&P 500 slightly down at 7,400.96.
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If the summit leads to improved relations and licensing frameworks, NVIDIA could regain access to the lucrative Chinese market, potentially boosting revenues and stock performance.
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