NVIDIA Corporation (NVDA) Aims to Starts Shipping Chips to China Soon

NVIDIA Corporation (NASDAQ:NVDA) is among the Stocks That Will Make You Rich in 2026. On December 23, Reuters reported that NVIDIA Corporation (NASDAQ:NVDA) aims to start shipping its second most powerful AI chips to China before mid-February 2026.

The update comes after several Chinese companies, including Alibaba, had shown interest in importing the company’s latest H200 chips to speed up their model training and development processes. To cater to this rising demand from Chinese companies, NVIDIA Corporation (NASDAQ:NVDA) earlier on December 15 had announced ramping up its H200 production.

As per the latest update, the US chip maker plans to ship around 5,000 to 10,000 chip modules, which is equivalent to  40,000 to 80,000 H200 AI chips. According to people familiar with the matter, as per Reuters, Nvidia has told Chinese companies that the new production capacity for chips will open in the second half of 2026. However, it should be noted that the Chinese government has yet to approve the import of these chips; as a result, the timeline of the shipment can vary.

That said, Wall Street is bullish on NVIDIA Corporation (NASDAQ:NVDA). Recently, on December 26, Aaron Rakers from Wells Fargo reiterated a Buy rating on the stock with a $265 price target. On the same day, C J Muse from Cantor Fitzgerald also reiterated a Buy rating on the stock with a $300 price target.

​NVIDIA Corporation (NASDAQ:NVDA) designs and sells specialized processors, initially for gaming but now also crucial for AI, data centers, professional visualization, and the automotive industry. It developed the graphics processing unit (GPU) and the CUDA parallel computing platform, which allows its GPUs to perform tasks beyond graphics.

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 this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.