Nvidia Corporation has regained China, and this is the upside surprise that, coupled with Blackwell, will carry the stock in 2H25. H20 has been missing from China for three months, since April 9th; now that it's back on the market, we're expecting China to make up +$17B in sales for FY26. The H20 ban shrank Nvidia's market share in China from 95% to 50% and we're about to see that reverse with Tencent and others already submitting applications for H20.
The Trump administration has assured Nvidia that licenses to export the chips will be granted, ending months of halted shipments.
Nvidia Corp. (NASDAQ: NVDA) CEO Jensen Huang has wanted one thing more than any other recently.
Key Points in This Article: Nvidia (NVDA) said it secured U.S.
U.S. stock futures are mixed as investors digest earnings from some of the world's largest banks; the latest inflation report is expected to show price levels moved higher in June; Nvidia (NVDA) shares are surging after the AI chipmaker said the U.S. would allow sales of its H20 chip to China; and Bitcoin (BTCUSD) is lower after recently setting new record highs. Here's what investors need to know today.
Trump to announce investment in AI, energy, threatens 100% tariffs on Russia, food brands could be ripe for deals, and more news to start your day.
Nvidia (NASDAQ: NVDA) is surging in pre-market trading after securing key U.S. approval to resume sales of its advanced H20 AI chip in China.
Nvidia is set to resume H20 chip sales to China, alleviating export restriction pressures and reigniting revenue growth momentum. Street estimates for NVDA's future revenues have soared, reflecting unprecedented optimism during the artificial intelligence revolution. The company's valuation remains reasonable compared to peers, with analysts overwhelmingly bullish, and price targets should rise from here.
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.
Nvidia plans to resume sales of its H20 AI chip to China after securing Washington's assurances that such shipments would get approved. US government officials said they would green-light export licenses for the H20 artificial intelligence accelerator, according to a blog post by Nvidia.
Nvidia announced Monday that it's filing applications to restart sales of its H20 artificial intelligence chips to China, capping a spasmodic few months that saw the Trump administration impose restrictions, then quickly reverse course after a high-profile dinner meeting.
The Silicon Valley chip giant said the Trump administration, which had shut down its sales to China three months ago, had assured it that licenses for the sales would now be granted.