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.

Piper Sandler keeps an Overweight rating on Nvidia (NVDA) after the company said it expects to be granted licenses to resume H20 chip sales to China. During the April quarter, the company posted $4.6B in sales for H20 and left an additional $2.

Nvidia remains the dominant AI chipmaker in the market, but where is the stock headed for the rest of this year and into the next?

Needham raised its price target on Nvidia's (NASDAQ:NVDA) stock to $200 from $160 after the company announced that it hopes to resume sales of its H20 chips to China, citing U.S. government assurances that export licenses will be granted.

The chart shows that NVDA stock is gapping up on President Trump's reversal on H20 AI chip exports to China. The chart shows that NVDA stock is extended after the breakout. The chart shows that our recent buy signal on NVDA stock was given near the April lows. NVDA core position is in The our ZYX Buy Core Model Portfolio, long from $12.55.