10 Trending AI Stocks in Focus This Week

4. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 223

NVIDIA Corporation (NASDAQ:NVDA) is one of the 10 Trending AI Stocks in Focus This Week. On July 15, Mizuho analyst Vijay Rakesh raised the price target on the stock to $192.00 (from $185.00) while maintaining an “Outperform” rating. The rating affirmation follows Trump’s announcement that Nvidia may begin AI GPU shipments to China.

The firm highlighted the US administration’s announcement that Nvidia and other AI accelerator providers may resume AI GPU shipments, as part of ongoing trade negotiations. This, the firm highlighted, is a major win for the company. Previously, Nvidia had anticipated an $8 billion revenue impact in the July quarter due to shipment restrictions.

There is also an upcoming Blackwell project aimed at meeting US requirements for shipments to China in the later part of the year, which the company stands to benefit from. Owing to these policy changes, Chinese customers are already applying for licenses to receive the H20 chips, Mizuho noted. ByteDance and Tencent are two to name.

NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, providing high-performance GPUs and platforms that power data centers, autonomous vehicles, robotics, and cloud services.