12 AI Stocks Making Waves on Wall Street

3.  NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 234

NVIDIA Corporation (NASDAQ:NVDA) is one of the 12 AI Stocks Making Waves on Wall Street. On December 22, Reuters reported that Nvidia has told its Chinese clients that it aims to start shipping its H200 AI chips to China before the Lunar New Year holiday in mid-February.

According to sources familiar with the matter, the AI chipmaker will fulfil initial orders from existing stock, with shipments anticipated to total 5,000 to 10,000 chip modules. This is equivalent to about 40,000 to 80,000 H200 AI chips.

Meanwhile, the company plans on adding new production capacity for the chips. Orders for the new capacity will open in the second quarter of 2026, the sources revealed.

While Nvidia is gearing up to export its second-most powerful AI chips to its Chinese clients, uncertainty still looms as Beijing is yet to approve any H200 purchases and the said timeline is contingent on government decisions.

“The whole plan is contingent on government approval. Nothing is certain until we get the official go-ahead.”

NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, offering platforms for data centers, self-driving cars, robotics, and cloud services.