From Stocktwits: 2025-01-17 14:40:13

Nvidia stock climbed 3% after CEO Jensen Huang announced he won’t attend Trump’s inauguration, opting to celebrate Lunar New Year with employees. Retail sentiment remains bullish with an updated price target of $175 from Barclays analyst Tom O’Malley, citing Nvidia’s leadership in AI technology. However, challenges loom as Biden’s administration announced export restrictions on AI chips, potentially affecting Nvidia’s revenue. Despite concerns, a Stocktwits poll shows retail investors aren’t worried about long-term impact. Nvidia criticizes the regulations, hoping for a policy shift under Trump to support U.S. innovation. The stock has doubled in value over the past year, with an analyst price target of $173.08.



Read more at Stocktwits: Nvidia Gains As CEO Skips Trump Inauguration Amid AI Chip Uncertainty: Retail Applauds Apolitical Stance