Nvidia’s CEO, Jensen Huang, is making waves as he heads to Beijing to meet with Chinese officials at the International Supply Chain Expo. This meeting comes as Nvidia’s market cap hits $4 trillion, garnering attention from analysts and traders eager to see how this strategic move will impact the tech giant’s future.

Huang has been vocal about the importance of US-China relations when it comes to advanced semiconductor sales, highlighting the need for cooperation and trade to maintain America’s leadership in AI technology. As Chinese firms look to install Nvidia AI chips in their data centers, the stakes are high for both countries in this global race for technological dominance.

Analysts are bullish on Nvidia’s prospects, with target prices on the rise and projections for sustained growth in the AI investment cycle. With Goldman Sachs initiating coverage with a buy rating and a $185 price target, and Citi raising their target to $190, the outlook for Nvidia remains positive as they continue to expand their market share in AI technology.

Read more at Yahoo Finance: Veteran trader and analysts turn heads with new Nvidia stock price targets