NVIDIA Corporation (NASDAQ:NVDA) is one of the Best Reddit Stocks to Invest in Now. On September 4, Reuters reported that Alibaba, ByteDance, and other Chinese tech firms are keen on NVIDIA Corporation (NASDAQ:NVDA)’s AI chips even though the regulators in Beijing have been strongly discouraging them. Notably, they need reassurance that their orders of Nvidia’s H20 model, which the AI giant has regained permission to sell in China, are being processed. They are also monitoring the company’s plans for a more powerful chip, likely to be named B30A and which is based on its Blackwell architecture, reported Reuters.
Reuters further reported that the US President Donald Trump has also settled a deal with NVIDIA Corporation (NASDAQ:NVDA) for it to provide the US government 15% of the H20 revenue. For Q3 2026, NVIDIA Corporation (NASDAQ:NVDA) expects revenue to be $54.0 billion (plus or minus 2%), not assuming any H20 shipments to China in the outlook. Loomis Sayles, an investment management company, released its Q2 2025 investor letter. Here is what the fund said:
“NVIDIA Corporation (NASDAQ:NVDA) is the world leader in artificial intelligence (AI) computing, which enables computers to mimic human-like intelligence for problem solving and decision making capabilities. Founded in 1993 to develop faster and more-realistic graphics for PC-based video games, Nvidia created the first graphics processing unit (GPU), a dedicated semiconductor that employs a proprietary parallel processing architecture to perform superior graphics rendering outside of a computer’s standard central processing unit (CPU). The parallel processing capability of Nvidia’s GPUs, which contrasts with the linear processing requirement of CPUs, can accelerate computing functions performed by standard CPUs by greater than ten times. As a result, Nvidia extended its visual computing expertise beyond its legacy gaming market into innovative new and larger markets, including data centers, autos, and professional visualization. The parallel processing capability facilitates pattern recognition and machine learning functions that have enabled Nvidia to be at the forefront of growth in artificial intelligence applications. As a result, the data center business, which first surpassed the gaming business to become Nvidia’s largest revenue and profit generator in its 2023 fiscal year, grew to represent over 88% of revenue in the company’s most recent fiscal year. The company is also focused on building out its GPU-computing-based ecosystem and is helping to enable breakthroughs in autonomous driving, and virtual reality.