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Needham's Bolton raised Nvidia's price forecast to $200, citing $3B in quarterly H20 sales after U.S. export license approval. Bolton sees upside from China-specific Blackwell chips, lifting 2028 ...
Nvidia receives Trump administration approval to resume H20 AI chip sales to China after months-long export restrictions cost billions in revenue.
Nvidia released the H20 chip last year as a way to maintain access to the Chinese market — which made up 13% of the company's sales in 2024 — in the face of strict U.S. export controls. But in ...
China's commerce ministry said in a separate statement on Friday that the U.S. had told Beijing that it would approve sales of Nvidia's H20 AI chips to Chinese customers.
BANGKOK -- Nvidia's CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used to develop artificial intelligence to China.
Needham analyst N. Quinn Bolton maintained a Buy rating on Nvidia (NASDAQ:NVDA) and raised the price forecast from $160 to $200 on Wednesday. Nvidia is preparing to resume shipments of its H20 ...