NVIDIA Surges on Analyst Upgrades and Regulatory Easing as $31.18B Trading Volume Tops Day

NVIDIA (NVDA) rose 2.14% on July 30, 2025, with a trading volume of $31.18 billion, the highest on the day. The stock’s performance followed a series of analyst upgrades and regulatory developments. Morgan Stanley raised its price target for NVIDIA to $200 from $170, citing robust long-term demand for AI semiconductors and accelerating inference workloads. The firm emphasized that at least three of the top cloud providers have signaled increased spending needs, with Blackwell chip sales expected to ramp in the second half of 2025.

Regulatory easing also supported the stock. The Trump administration’s recent trade agreement allowed NVIDIA to resume GPU shipments to China, a market expected to generate $50 billion in revenue. Mizuho highlighted early signs of recovery, noting that major Chinese clients like ByteDance and Tencent are already seeking licenses for H20 chips. This development follows a prior $8 billion revenue hit due to shipment restrictions, underscoring the significance of regained market access.

A new U.S. tax law, the One Big Beautiful Bill Act, further bolstered AI infrastructure investment. By enabling immediate depreciation of capital expenditures, the legislation is projected to boost free cash flows for cloud giants, incentivizing increased spending on AI hardware. Analysts anticipate NVIDIA to retain over 80% of the AI accelerator market by 2030, driven by its dominant position in data center computing solutions.

The strategy of purchasing the top 500 stocks by daily trading volume and holding them for one day yielded a 166.71% return from 2022 to the present, significantly outperforming the benchmark’s 29.18% return. This highlights the effectiveness of volume-based selection in capturing short-term market momentum, particularly in sectors like AI where investor activity is concentrated.