This weekly update covers key trading news related to AI technology companies and artificial intelligence developments.

Nvidia stock is getting ready for a big moment on August 27th when the company shares its quarterly results. The chip maker has been one of the most important AI stocks since 2023, when companies started racing to build better artificial intelligence systems. While Nvidia's stock has grown about 35% this year, many traders think the upcoming earnings report could push prices much higher.

The biggest news for traders is that Nvidia might soon be allowed to sell its chips to China again. Earlier this year, the company lost about $2.5 billion in sales when it couldn't export certain AI chips to Chinese customers. Now it looks like Nvidia will pay a 15% tax to access the Chinese market, which could bring back billions in revenue.

Big tech companies like Meta and Google are spending more money on data centers filled with AI chips. These companies told investors they plan to spend even more in 2026 to build new computer centers. Most of these centers use Nvidia's chips to train AI systems, which is good news for the company's stock price.

Nvidia controls about 90% of the market for AI training chips, making it the go-to choice for companies building artificial intelligence. The return of Chinese customers, combined with growing demand from American tech companies, could make Nvidia stock very attractive to traders in the coming months.