Chinese Companies Still Want Nvidia Chips. Does That Make NVDA Stock a Buy Here Below $180?

Nvidia Share Price Up 3.6% as China Chip Sales Optimism Fuels Rebound

Nvidia (NVDA) shares jumped 3.6% on Wednesday to close at $177.17, staging a sharp rebound from their late-August slide toward $165. The move comes as traders warm to signs of recovering China chip sales, even as U.S. export curbs and rising competition cast long shadows over the AI giant’s momentum. Why Is Nvidia Stock Rising Again? After weeks of listless trading, Nvidia has caught a bid on fresh speculation that U.S. regulators will allow lim…

Chinese Companies Still Want Nvidia Chips. Does That Make NVDA Stock a Buy Here Below $180?

Despite Beijing’s push for domestic alternatives, Chinese tech giants like Alibaba and ByteDance remain eager for Nvidia chips, raising the question of whether NVDA stock is a buy below $180.