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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 ...
American chipmaking giant Nvidia says it plans to resume sales to China of an artificial intelligence chip that’s become part of a global race pitting the world’s biggest economies against each other.
Alibaba Group Holding Ltd. led a jump among Hong Kong-listed tech stocks, with a 7% rise, and mainland China data center operators also saw their shares jump after Nvidia’s announcement.
Key Points Nvidia says it's getting the green light from the U.S. government to apply for an export license for H20 chips.The loss of H20 chips put a dent in Nvidia's financials.10 stocks we like ...
Nvidia receives Trump administration approval to resume H20 AI chip sales to China after months-long export restrictions cost billions in revenue.
Nvidia CEO Jensen Huang said he wants to ship chips that are more advanced that the H20 product to China. The U.S. reversed a ban that restricted Nvidia from sending its export control-compliant ...
Nvidia 's (NVDA 1.83%) strong Q1 results were overshadowed by the U.S. government's decision to revoke Nvidia's export license for H20 chips that were specifically designed to meet U.S.-imposed ...