NVIDIA is set to launch its new B30 AI GPU in China this Q4, offering a cost-effective option that’s slightly slower but significantly cheaper than the H20 model. The move follows an easing of US export restrictions, allowing advanced AI technology greater access to the Chinese market.
Nvidia CEO Jensen Huang lauded China’s AI advancements and announced the anticipated resumption of H20 chip sales to the country, signaling a potential thaw in U.S.-China tech relations.
Nvidia has made history by becoming the first public company to surpass a $4 trillion valuation, a milestone fueled by a two-year surge in investor interest amid the AI boom.
A Citi analyst has given a more bullish endorsement of Nvidia’s stock, forecasting a 20% rise as AI opportunities continue to expand. However, the potential for new geopolitical restrictions poses a fresh risk to the company’s growth.
Nvidia emerges as the premier AI stock to consider this year, thanks to a significant growth catalyst that’s hiding in plain sight. Investors may be overlooking this key reason that sets Nvidia apart in the competitive AI market.
NVIDIA CEO Jensen Huang announced at the GTC Paris developer conference that quantum computing is “reaching an inflection point,” signaling a shift towards real-world applications in the near future. His optimistic outlook marks a significant change from his earlier predictions, reflecting rapid advancements in the field.
Nvidia recently addressed bearish concerns by emphasizing that the shift from AI training to inferencing, especially for reasoning models, presents an opportunity to drive greater GPU demand. Bears have worried about this transition, but the company sees it as a catalyst for growth.
Nvidia has reported a record-breaking $44 billion quarter, showcasing remarkable growth despite facing export challenges in China. This achievement signals the company’s resilience and strength in the global market.
In response to US export curbs, Nvidia plans to launch a lower-cost AI chip for the Chinese market using its Blackwell architecture. The new GPU is designed to bypass restrictions and is set to enter mass production as early as June 2025.
As NVIDIA’s Q1 earnings report looms, the tech giant’s stock is poised for significant volatility, leaving investors debating whether to buy, sell, or hold. With predictions of a potential 7% swing, the market is on edge to see how the leader in AI chips will fare amid industry challenges.