Why Nvidia stock is soaring today?
Nvidia (NASDAQ: NVDA) shares jumped 7% Thursday after its new sales forecast eased worries that the AI spending boom may be losing steam. The move followed Nvidia’s fiscal second-quarter 2027 report, where management gave a revenue outlook showing demand remained strong.
The rally was also tied to Nvidia’s fight for AI developers using Chinese models. On Wednesday, the company said it was improving support for DeepSeek V4 Flash, Alibaba Group (NYSE: BABA) Qwen 3.8, models from Alphabet (NASDAQ: GOOGL) subsidiary Google, and Nvidia’s own software.
Nvidia tunes its platform for Chinese AI as U.S. officials consider new limits
Chinese AI models have advanced quickly in 2026, and more developers worldwide are using them. Nvidia is adjusting its chips and software rather than leaving the opening to Chinese hardware makers. Huawei, which makes Ascend processors, and Alibaba have already rolled out support for DeepSeek, Qwen, and other open models.
Nvidia called its program a “local AI initiative with optimizations for top open models.” Its broader aim is to keep developers using American computing systems even when the AI model they pick was created in China.
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