Core Viewpoint - Nvidia is positioned to benefit from several catalysts that could enhance its stock performance in the latter half of 2025 despite facing competition and trade concerns [1][2]. Group 1: Catalysts for Growth - **Sovereign AI Momentum**: Nvidia's CEO Jensen Huang advocates for countries to develop their own AI infrastructure, which has led to the European Union planning five AI gigafactories and 20 countries, including Germany and France, investing in sovereign AI initiatives. This positions Nvidia favorably as a leading provider of AI-centric chips [4][5]. - **Blackwell Chip Sales**: The recently launched Blackwell chips are expected to significantly impact Nvidia's financial results, with major data center and cloud operators committing $315 billion in capital expenditures this year, primarily for AI-related investments. Nvidia, as a leading provider of data center GPUs, stands to gain from this spending [6][7]. - **Sales to China**: Nvidia has applied for licenses to sell its H200 chips in China, with estimates suggesting potential sales could reach nearly $10 billion per quarter, providing a substantial revenue boost for the company [8][9].