5 Best Data Center Hardware Stocks to Invest in

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1. NVIDIA Corporation (NASDAQ:NVDA)

Reuters on April 22 cited Commerce Department Secretary Howard Lutnick reporting that NVIDIA Corporation (NASDAQ:NVDA) has not sold its H200 AI chips to Chinese enterprises. Lutnick stated, “We have not sold them chips as of yet,” attributing the delay to China’s central government banning acquisitions so as to favor domestic market investment.

As reported by Reuters, the Trump administration approved H200 shipments to China in January with conditions, which caused concerns among US lawmakers about potential military use. Sources told Reuters that conflicts over sales terms in both countries have slowed supplies even further.

Lutnick said that the affiliates rule blocking exports to thousands of Chinese businesses is still being considered. However, it is linked to broader trade negotiations. He also stated that President Donald Trump, Treasury Secretary Scott Bessent, and Trade Representative Jamieson Greer are in charge of China policy, while he focuses on other issues.

NVIDIA Corporation (NASDAQ:NVDA) designs and manufactures computer graphics processors, chipsets, and related multimedia applications. It functions in two segments: graphics processing unit and compute and networking.

While we acknowledge the potential of NVDA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NVDA and that has 100x upside potential, check out our report about the cheapest AI stock.

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