Nvidia Rallies as CEO Huang Joins Trump’s China Delegation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 13 2026
0mins
Source: stocktwits
- Nvidia Stock Surge: Nvidia (NVDA) shares rose 1% as CEO Jensen Huang joined President Trump's China delegation, igniting investor optimism ahead of its upcoming earnings report, reflecting strong market sentiment regarding its business prospects in China.
- Wall Street Backing: Susquehanna raised Nvidia's price target from $250 to $275, indicating a potential 25% upside, while Wells Fargo increased its target to $315, suggesting that despite margin and market share concerns, durable AI demand will continue to support the stock.
- Defense Spending Boosts RTX: RTX shares gained as defense spending rises, with Collins Aerospace announcing a $26.5 million expansion of its radar production facility in Florida, expected to create over 100 skilled jobs and enhance its competitive position in the defense sector.
- Broadwind Exceeds Expectations: Broadwind (BWEN) reported Q1 revenue of $34.06 million, surpassing analyst estimates, with total orders reaching $37.4 million, indicating strong demand for AI data centers and natural gas power generation, with the CEO noting the beginning of a super cycle.
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Analyst Views on NVDA
Wall Street analysts forecast NVDA stock price to rise
41 Analyst Rating
39 Buy
1 Hold
1 Sell
Strong Buy
Current: 204.650
Low
200.00
Averages
264.97
High
352.00
Current: 204.650
Low
200.00
Averages
264.97
High
352.00
About NVDA
NVIDIA Corporation is an artificial intelligence (AI) infrastructure company. The Company is engaged in accelerated computing to help solve the challenging computational problems. Its segments include Compute & Networking and Graphics. The Compute & Networking segment includes its Data Center accelerated computing and networking platforms and AI solutions and software, and automotive platforms and autonomous and electric vehicle solutions, including software. The Graphics segment includes GeForce GPUs for gaming and personal computers (PCs), and Quadro/NVIDIA RTX GPUs for enterprise workstation graphics. Its technology stack includes the foundational NVIDIA CUDA development platform that runs on all NVIDIA GPUs, as well as hundreds of domain-specific software libraries, frameworks, algorithms, software development kits (SDKs), and application programming interfaces (APIs). Its platforms address four markets, which include Data Center, Gaming, Professional Visualization, and Automotive.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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