Trump’s Softer China Talk Lifts Nvidia, Nexus Research Flags Major Headwinds For Chipmaker

Benzinga

Nvidia shares surged nearly 7% after President Trump and Treasury Secretary Scott Bessent signaled a softer approach toward China, according to TipRanks. Despite the rally, investor Nexus Research warned that Nvidia could face a steep 50 to 60% decline. Nexus cited Huawei’s global push to capture Nvidia’s lost China sales, which comprised 13% of fiscal 2025 revenue. Nexus also flagged signs of an AI slowdown, with Microsoft and Amazon reportedly canceling or delaying data center leases. Nexus maintains a neutral Hold rating on Nvidia, viewing the stock as potentially undervalued despite near-term risks.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02NVIDIA shares surged nearly 7% after President Trump and Treasury Secretary Scott Besson

00:06signaled a softer approach towards China, according to TipRance.

00:10Despite the rally, investors in Nexus research warned that NVIDIA could face a steep 50-60%

00:15decline.

00:16Nexus cited Huawei's global push to capture NVIDIA's lost China sales, which made up

00:2113% of fiscal 2025 revenue.

00:23Nexus also flagged signs of an anti-slowdown, with Microsoft and Amazon reportedly canceling

00:28or deleting data center leases.

00:30Nexus may change a neutral hold rating on NVIDIA, viewing the stock as potentially undervalued,

00:35despite near-term risks.

00:36For all things money, visit Benzinga.com slash GSTV.

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