Nvidia Could Add Billions From China Sales If H20 GPUs Get Green Light From US: Analyst
1. BofA maintains a Buy rating for NVDA with a $220 price target. 2. Q2 revenue expected at $47 billion, outpacing prior guidance. 3. Projected gross margins may rise to 73%-74% in Q3. 4. H20 GPU shipments face regulatory risk amid rising competition in China. 5. $10 EPS target suggested by analyst based on AI market growth.