Nvidia To Regain Access to China With H200 Exports—UBS Stays Bullish With $235 PT

NVIDIA Corporation (NASDAQ:NVDA) is one of the Hot AI Stocks on Wall Street’s Radar. On December 9, UBS reiterated its “Buy” rating on the stock with a $235.00 price target. The rating affirmation reflects firm optimism following reports that the company may receive permission to export certain AI chips to China. “Reuters reported today that the US Commerce Department is considering allowing Nvidia to export Hopper H200s to China, while exports of Blackwell generation are likely off the table for now. We ...