NVIDIA To Resume H20 AI Chip Sales To China
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Nvidia Corporation's H20 GPU exports to China resume, unlocking billions in revenue and cash flow. Click for my updated look at NVDA stock after this news.
Nvidia Corp. planea reanudar las ventas de su chip H20 de inteligencia artificial en China, tras obtener garantías de Washington de que dichos envíos serán aprobados. Esto representa un giro radical respecto a la postura anterior del gobierno de Trump sobre limitar las ambiciones de Pekín.
At the Beijing Expo, Jensen Huang also announced plans for a new chip for Chinese clients that is designed for robotics and smart factories.
Nvidia Corporation leads the global AI revolution. U.S.-China export breakthroughs boost H20 GPU sales in China, driving revenue. Click for my NVDA update.
Wearing his iconic leather jacket, Huang walked into the sunny courtyard of the Mandarin Oriental hotel earlier than scheduled and took multiple questions.
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One analyst boosted his price target on Nvidia’s stock to a level that would imply a $5.7 trillion market cap, with the chip maker seemingly cleared to sell its H20 chip in China again.