Nvidia (NASDAQ:NVDA) stock keeps passing milestone after milestone. After surging past the $4 trillion market cap mark, some analysts are rushing to increase their year-ahead price targets. On the high end,

NVIDIA Corporation NVDA and Taiwan Semiconductor Manufacturing Company TSM, also known as TSMC, are two of the most important companies in the global AI chip supply chain. NVIDIA designs the powerful graphics processing units (GPUs) that run advanced AI models,

The recent leg of the rally was driven by news that the U.S. government approved renewed sales of some AI chips in China, a development that could recover a large portion of the roughly $15 billion in data?

Nvidia’s Strategic AI Vision Nvidia (NASDAQ:NVDA) has solidified its position as the backbone of the artificial intelligence (AI) revolution, with its graphics processing units (GPUs) driving the most advanced AI models and positioning it as a top choice for investors eyeing the industry’s growth.

Nvidia stock jumped Tuesday after the AI chipmaker said it was applying to resume sales of its H20 GPUs to China.

Nvidia is known as the star of the artificial intelligence (AI) market, with its earnings and stock price flying high. Nvidia (NASDAQ: NVDA) has proven itself to be the bellwether of the artificial intelligence (AI) industry.

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

The stock market marched to fresh highs with Nvidia, Taiwan Semiconductor and AI chipmakers leading and economic data solid. Online brokers also are hot.