The price of Nvidia shares has recently reached its all-time high on the stock market, almost at $134.
The recent push came from some good and unexpected news.
Currently, it is marking the fifth consecutive month of growth.
The good news
The good news that pushed the Nvidia stock price up yesterday is the agreement with the Trump administration to continue selling its chips in China.
The Trump administration, in fact, does not want the chip giant for artificial intelligence to sell its products in China, because it sees the Asian giant as a dangerous competitor in the AI sector (Nvidia is an American company).
Breaking news: Trump said he is considering allowing Nvidia to sell a more advanced chip in China after confirming that he ‘negotiated a little deal’ in which the US will take a 15% fee of the chipmaker’s AI processor sales to the country. https://t.co/N3Ku8CMDeU pic.twitter.com/ZbrOX76IbA
— Financial Times (@FT) August 11, 2025
Trump stated yesterday that he is considering allowing Nvidia to resume sales in China, thanks to an agreement under which the company will pay the United States a 15% commission on AI processor sales in the Asian country.
This is a particularly strange agreement, probably the first of its kind in the USA, as the State will effectively receive a commission on the sales of a completely private and publicly traded company.
While on one hand this could also be interpreted as bad news, in reality, the markets like it because it means that the company will be able to continue to remain present in one of the largest markets in the world.
In fact, thanks to this agreement, the company could generate billions of dollars in sales in the Chinese market.
The agreement between Nvidia and Trump
It should be noted, however, that the final decision has not yet been made, also because there are opposing voices even within the same Republican majority that supports Trump.
For example, the Republican chairman of the House China committee, John Moolenaar, has expressed concerns regarding this agreement, because there are doubts about the legal basis for completing it. If it does not prove compatible with U.S. law, it could fall through.
According to Moolenaar, strategic export controls are a frontline defense to protect national security, and therefore a “precedent that encourages the government to grant licenses to sell technologies to China that will enhance its artificial intelligence capabilities” should not be created.
The Financial Times also reports that some officials working on export security are considering resigning due to these signals sent by the president, to the extent that one of them stated that it is not to put national security up for sale that the officials in charge of export control get up and go to work every day.
The reaction on the Stock Exchange of NVDA (Nvidia) stock price
On Friday, the Nvidia stock price on the stock exchange had closed the trading week with a drop to 180$.
Yesterday, at the opening, that drop was almost immediately recovered, only to return above 183.5$.
At the close of the session, however, it returned to $182, also due to doubts about the legal feasibility of the aforementioned agreement.
It should be noted, however, that until July 31, the price of Nvidia shares had never exceeded the psychological threshold of $180, and that since then it has actually started a phase of relative stasis above that threshold, albeit with some volatility.
It is also worth noting that last year’s peak was recorded just above $150, and that the bullrun currently underway has been going on since the beginning of 2023, which is about two and a half years, despite the strong correction in April 2025 due to the introduction of so-called “reciprocal” tariffs against China.
The forecasts on the Nvidia stock
Currently, Nvidia is the company with the largest market capitalization in the world, and the only one to exceed 4,000 billion dollars from this point of view.
To tell the truth, even Microsoft has reached similar peaks in the recent past, but now it capitalizes less than 3.9 trillion. Apple, on the other hand, has not yet succeeded, and now it capitalizes less than 3.4 trillion.
These three are the only companies in the world currently capitalizing more than 3 trillion dollars.
The growth of Nvidia on the stock market in recent years has been incredible.
It is enough to say that at the end of 2022 it capitalized less than 400 million dollars, and that before the pandemic, at the beginning of 2020, it was around 150 million. It surpassed 200 million for the first time in history in May 2020, after the rebound generated by the QE of the Fed following the collapse at the start of the pandemic.
By the end of 2023, it had already risen to 1.2 trillion dollars, therefore in a year and a half, it almost managed to quadruple its market value after having already tripled it in just one year.
In light of this, in theory, one might suspect that a speculative bubble has inflated on Nvidia’s stock, ready to burst, but to be honest, this thesis has been supported for two years now, and it has always proven to be incorrect. For example, in April, when there was a strong correction in the US markets due to Trump’s so-called “reciprocal” tariffs, the bubble did not burst, and after dropping just below 2.5 trillion dollars, Nvidia’s market capitalization had already recovered all losses in just under two months.
Currently, positive forecasts about the future medium/short-term trend of its stock price continue to circulate.
Source: https://en.cryptonomist.ch/2025/08/12/good-news-for-nvidia-stock-towards-new-ath/