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 met with Beijing officials on Thursday regarding potential national security risks posed by the resumption of its H20 chip exports to the country.

Nvidia chief Jensen Huang announced in trips to Washington, D.C., and Beijing that the company is applying to sell the H20 in China again, and the U.S. has "assured Nvidia that licenses will be ...

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.

Earlier this year, the company was blocked from selling the H20 to China over concerns it could aid the nation's military. "NVIDIA is filing applications to sell the H20 GPU again.

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 ...