China is on the verge of approving the import of Nvidia’s H200 chips, with orders exceeding 2 million for Chinese customers. Analysts predict substantial upside potential for Nvidia stock, estimating a $50 billion opportunity if sales in China are approved. This could significantly boost Nvidia’s revenue and earnings per share, potentially doubling its current share price.
In 2024, Nvidia generated $17.1 billion in revenue from China despite export restrictions on top-of-the-line chips. CEO Jensen Huang anticipates sales in China could reach $50 billion annually, with existing orders already totaling $54 billion. Analysts estimate Nvidia’s revenue could reach $320 billion next year, further increasing with Chinese sales. This market reentry could be a game-changer for shareholders.
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Read more at Nasdaq: China Plans to Approve Imports of Nvidia’s H200 AI Chips as Early as This Quarter. Here’s What It Means for Investors
