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Donald Trump’s return to the White House has me wondering about the world’s favorite stock, Nvidia (NVDA).

One Trump presidency Will it be good or bad for the AI ​​market, honey? Has the CEO ever tasked Jensen Huang with X? Is Jensen thinking something specific about Trump and could he perhaps add headline risk to the company’s stock price?

As I mentioned, all of this is important because Nvidia become a market — even before it was included in the old stack index known as the Dow Jones Industrial Average (^ DJI).

The short answer to all these pressing questions is: Who really knows? I can’t find much.

If you do a detailed search on Trump’s X account, you won’t find a single post about Jensen or Nvidia. Check out Jensen’s interviews from Trump’s previous presidency, and there isn’t much for Trump to enjoy when he returns to the Oval Office.

Huang said, “I am optimistic about the outcome, all things considered, I would prefer a more liberal government. I am confident in the resilience of institutions. We will find a way out and we will find a way forward.” he said. November 2016 VentureBeat story After Trump’s first victory in the White House.

Huang is Tesla’s best friend (TSLA) CEO and Trump supporter Elon Muskbut it’s unclear what this means for Nvidia’s financial health over the next four years.

When you chat with investors, the first impression is that Nvidia is doing just fine because the factors driving its business are too strong to eliminate.

“It’s hard to draw a straight line between AI or Nvidia and Trump,” EMJ Capital founder said Eric Jackson Said on Yahoo Finance Opening Offer podcast (video above; listen below). “I think there are some interesting ways that AI is infiltrating every corner of technology. But overall, obviously Trump is pro-growth, low-tax, and it’s going to gobble up all technology, and that includes AI.”

Jackson thinks Nvidia could see stronger demand from the bitcoin mining industry as Trump further opens up digital asset markets.

Jackson reasoned that Nvidia could also cash in on looser regulations in the energy industry, allowing hyperscalers to move faster with AI infrastructure deployments.

Jackson said one risk to be aware of is the emergence of a tariff-induced trade war with China. Nvidia not only sells chips in China, but also has significant product development capability in the country. You should also keep in mind what this trade war means for China’s relationship with major chip maker Taiwan.

But overall, experts say Nvidia is poised to continue being Nvidia.

Bank of America analyst Vivek Arya told me the company’s next three chips After Blackwell – Blackwell Ultra, Rubin and Rubin Ultra – could be the big performers. According to Arya’s analysis, these offerings will begin rolling out in the third quarter of 2025.

Yahoo Finance data shows analysts predict Nvidia’s earnings growth will reach 43% in 2025, at $4.08 per share. From all the conversations I’ve had, he seems conservative to me. I could easily argue that Nvidia will post $5 per share in earnings next year. Assuming a P/E ratio of 40x instead of the currently quite low 37x, Nvidia is a $200 stock compared to $148 today.

Jackson thinks the stock is worth a minimum of $250.

It’s hard to see how a Trump presidency will unlock this potential future earnings power in 2025; It might even set it off.

“Trump is the clear bullish foundation for Big Tech. We believe Musk will help manage China issues so they don’t negatively impact the yin and yang for US tech and the AI ​​Revolution. And (presumably) Lina Khan at the FTC Wedbush technology analyst says Nvidia will be more aggressive in technology mergers and acquisitions Dan Ives in question.

Once you put that out there, what could go wrong?

Three times a week, I hold insightful talks and conversations with the biggest names in business and markets. Opening Offer. You can find more episodes on our website video center or watch preferred streaming service.

Brian Sozzi He is the Managing Editor of Yahoo Finance. Follow Sozzi on X @BrianSozzi and on LinkedIn. Tips on deals, mergers, activist statuses, or anything else? Email [email protected].

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