Nvidia CEO hopes Blackwell chips can be sold in China but decision up to Trump
1. Nvidia's CEO expects Blackwell chip sales in China pending U.S. approval. 2. Decision rests with President Trump, impacting Nvidia's international growth.
FAQ
Why Bullish?
If approved, sales in China could significantly expand Nvidia's revenue streams. Historical data shows prior approvals have led to sharp stock price increases, as seen with AMD's Radeon chips.
How important is it?
The potential sale of Blackwell chips in China directly influences Nvidia's growth and market position, crucial in an increasingly competitive landscape.
Why Long Term?
A successful entry into the Chinese market could establish a long-term growth trajectory. Similar entries, like those from other tech firms, have shown sustained benefits over multiple quarters.