NVIDIA To Resume H20 AI Chip Sales To China
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"Despite public reporting on semiconductor targeting from China-aligned threat actors, Proofpoint directly observed only sporadic targeting of this sector. Since March 2025, this shifted to sightings of multiple campaigns from different China-aligned groups specifically targeting this sector, with a particular emphasis on Taiwanese entities."
Chip giant Nvidia (NVDA) continues writing new chapters in the AI playbook. A smashing success thus far, 2025 has been marked by blockbuster earnings and historic market cap highs.💵💰Don't miss the move: Subscribe to TheStreet's free daily newsletter💰💵Yet,
Nvidia (NASDAQ:NVDA) received a fresh boost on Friday as DBS analyst Fang Boon Foo raised his price target to $180 from $160, maintaining a "Buy" rating. Foo pointed to sustained global demand for Nvidia's AI accelerators,
In its recently published Fiscal year 2025 Sustainability report, covering the last 12 months, Nvidia said all of the energy it purchased during this period was from renewable sources, on-site solar generation, or purchased fuels. The company set itself a 2025 100 percent renewable energy target in 2023.
China generated $17 billion in revenue for Nvidia in 2024, roughly 13% of the company's total revenue, Versace said. In response to the news, he lifted his Nvidia price target to $200 from $185 and reiterating his One rating.
Nvidia investors have been concerned about the loss of sales to an important market. The company announced it would resume AI chip sales to China after a pending approval from the Trump administration.
The project will build on sovereign AI initiatives announced last year by Indonesian tech leaders and Nvidia. The CoE will support Indonesian AI research, develop local AI talent, and help startup companies deliver innovations to build out the nation’s AI infrastructure.