Nvidia Stock Up After President Trump Revokes Biden AI Order
Nvidia stock is higher Tuesday after President Trump revoked a 2023 executive order targeting AI developers. Here's what we know.
Nvidia (NVDA) stock is higher in Tuesday's session after President Donald Trump on Monday revoked Executive Order 14110 that was initially signed by former President Joe Biden in 2023.
The order focused on "Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence" and created a framework for federal oversight of artificial intelligence (AI) developers.
The now-revoked mandate required AI developers to submit safety test results to the U.S. government before releasing them to the public, according to Reuters. However, in 2024, the Republican Party said it would reverse the order because it was a hindrance to innovation.
From just $107.88 $24.99 for Kiplinger Personal Finance
Be a smarter, better informed investor.
Sign up for Kiplinger’s Free Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
"We will repeal Joe Biden's dangerous Executive Order that hinders AI Innovation, and imposes Radical Leftwing ideas on the development of this technology," the Republican Party said. "In its place, Republicans support AI Development rooted in Free Speech and Human Flourishing."
The White House's page on Executive Order 14110 now brings up a 404 error, showing "Page Not Found."
Is Nvidia stock a buy, sell or hold?
Wall Street still sees Nvidia as one of the best stocks to buy even after its shares nearly tripled in 2024. The semiconductor stock has had a muted performance so far in 2025, up roughly 3% at last check.
According to S&P Global Market Intelligence, the average analyst target price for NVDA stock is $173.08, representing implied upside of nearly 25% to current levels. Additionally, the consensus recommendation is a Strong Buy.
Financial services firm UBS Global Research has a Buy rating on the AI stock with a $185 price target.
"NVDA has essentially treaded water since last earnings, in part due to supply chain noise and concerns around the ramp of Blackwell server racks," says UBS Global Research analyst Timothy Arcuri. "We remain confident that NVDA will deliver strong fourth-quarter results and first-quarter guidance, and investor concerns around a near-term 'air pocket' are overblown."
Nvidia will disclose its fourth-quarter results after the market closes on Wednesday, February 26.
Related Content
- Kiplinger's Earnings Calendar for This Week
- Analysts' Top S&P 500 Stocks to Buy Now
- Apple Stock Slapped With Another Sell Rating: What to Know
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.

Joey Solitro is a freelance financial journalist at Kiplinger with more than a decade of experience. A longtime equity analyst, Joey has covered a range of industries for media outlets including The Motley Fool, Seeking Alpha, Market Realist, and TipRanks. Joey holds a bachelor's degree in business administration.
-
What Services Are Open During the Government Shutdown?The Kiplinger Letter As the shutdown drags on, many basic federal services will increasingly be affected.
-
From Camping to Boating: Here's How to Stay Connected Off-GridThere's nothing quite like the peace of off-road adventures. However, ensure you have a stable connection in case you need it.
-
What the Rich Know About Investing That You Don'tPeople like Warren Buffet become people like Warren Buffet by following basic rules and being disciplined. Here's how to accumulate real wealth.
-
Ten Ways Family Offices Can Build Resilience in a Volatile WorldFamily offices are shifting their global investment priorities and goals in the face of uncertainty, volatile markets and the influence of younger generations.
-
3M, GM, Blue Chips Lead to the Upside: Stock Market TodayThe S&P 500 followed the Dow Jones Industrial Average into green territory, but the Nasdaq lagged the other indexes because of its tech exposure.
-
Should Your Brokerage Firm Be Your Bookie? A Financial Professional Weighs InSome brokerage firms are promoting 'event contracts,' which are essentially yes-or-no wagers, blurring the lines between investing and gambling.
-
Supermarkets Have Become a Pickpockets' Paradise: How to Avoid Falling VictimSome stores regularly rearrange inventory with the aim of increasing purchases, and they're creating opportunities for thieves to steal from customers.
-
Dow Adds 516 Points on Broad Optimism: Stock Market TodayEasing trade war tensions and promise from early earnings reports has investors looking on the bright side to start the week.
-
I'm a Wealth Adviser: These Are the Pros and Cons of Alternative Investments in Workplace Retirement AccountsWhile alternatives offer diversification and higher potential returns, including them in your workplace retirement plan would require careful consideration.
-
I'm a Financial Planner: If You're Within 10 Years of Retiring, Do This TodayDon't want to run out of money in retirement? You need a retirement plan that accounts for income, market risk, taxes and more. Don't regret putting it off.