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
Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special Issues
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
-
Stocks Climb Wall of Worry to Hit New Highs: Stock Market TodayThe Trump administration's threats to Fed independence and bank profitability did little to stop the bulls on Monday.
-
How Worried Should Investors Be About a Jerome Powell Investigation?The Justice Department served subpoenas on the Fed about a project to remodel the central bank's historic buildings.
-
Will Soaring Health Care Premiums Tank Your Early Retirement?If you're under 65 and want to retire soon, your plan may be derailed by skyrocketing ACA marketplace premiums. Here's what you can do.
-
Stocks Climb Wall of Worry to Hit New Highs: Stock Market Today
The Trump administration's threats to Fed independence and bank profitability did little to stop the bulls on Monday.
-
How Worried Should Investors Be About a Jerome Powell Investigation?
The Justice Department served subpoenas on the Fed about a project to remodel the central bank's historic buildings.
-
5 Golden Rules We (Re)learned in 2025 About InvestingSome investing rules are timeless, and 2025 provided plenty of evidence demonstrating why they're useful. Here's a reminder of what we (re)learned.
-
I'm a Financial Adviser: Here's How to Earn a Fistful of Interest on Your Cash in 2026 (Just Watch Out for the Taxes)Is your cash earning very little interest? With rates dropping below 4%, now is the time to lock in your cash strategy. Just watch out for the tax implications.
-
How Oil and Gas Investing Can Stabilize Returns and Shield Against Market Volatility: Tips From a Financial ProDirect exposure to oil and natural gas projects can strengthen a portfolio's long-term resilience with non-market-correlated cash flow and an inflation hedge.
-
How to Navigate the Silence After Your Business Sells for $5 Million: Tips From a Financial PlannerThe silence after a big sale can be disorienting. It's essential to redefine your identity and focus on your purpose before rushing into the next big thing.
-
Turning 59½: 5 Planning Moves Most Pre-Retirees OverlookAge 59½ isn't just when you can access your retirement savings tax-free. It also signals the start of retirement planning opportunities you shouldn't miss.
-
Are Your Retirement Numbers Not Looking Good? A Financial Adviser Runs Through Your OptionsIf you're worried about a shortfall between your income and expenses in retirement, you're not alone. But there are ways you can make up the difference.
