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 ...

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.

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 Corporation (NASDAQ:NVDA) announced Monday evening that it will soon resume sales of its H20 processor in China, signaling a positive shift in trade relations between the U.S. and China ...

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 ...