Jim Cramer went on Mad Money Friday with a counterintuitive pitch: “You buy NVIDIA not for China, not because of the Cerebras IPO, but because it’s actually a cheap stock, cheaper than Intel, cheaper than AMD,

Nvidia shares are still up by more than 15% over the past month.

For the past two years, the artificial intelligence boom has been shaped as much by politics as technology. Washington tightened export controls, while Beijing pushed for self-reliance. And investors in Nvidia (NASDAQ:NVDA | NVDA Price Prediction) watched one of the company’s largest growth markets turn into a geopolitical chessboard.

For years, Washington treated advanced AI chips like strategic weapons. The U.S. tightened export controls, China accelerated domestic chipmaking, and companies caught in the middle — especially Nvidia (NASDAQ:NVDA) — watched billions of dollars in potential revenue sit behind regulatory walls.

President Donald Trump has filed a disclosure showing massive buying and selling of U.S. stocks, index funds and other securities, including purchasing at least $1 million in shares of Boeing and Nvidia as those companies expect to score new business during his trip to China.

Nvidia Corporation is poised for a strong Q1 print, but China’s reopening is the key forward catalyst. Learn more about NVDA stock here.

As NVIDIA Corp. NVDA prepares to report its highly anticipated quarterly results on May 20, the tech giant finds itself navigating a complex geopolitical chessboard. Despite losing the lion’s share of its once-dominant 95% stake in China’s data-center GPU market due to U.

Traders are interpreting the late addition of Nvidia’s CEO to the Air Force One passenger list as a signal that good news about export licenses may be in the offing