NVIDIA orders halt to H20 chip production
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Nvidia has reportedly suspended production of its China-focused H20 AI chip as Beijing pushes domestic alternatives and analysts warn the uncertainty could hit its Q3 outlook.
Aug 20 - TD Cowen raised its price target on Nvidia (NASDAQ:NVDA) to $235 ahead of the chipmaker's second-quarter fiscal 2026 results, citing strong fundamentals and continued AI demand. Analyst Joshua Buchalter kept a "Buy" rating and called Nvidia the clearest way for investors to access AI exposure,
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?
August has been an interesting month for NVIDIA Corporation (NASDAQ:NVDA), as after the firm received the Trump administration’s approval to sell China the H20 GPUs, reports started to flow about
NVIDIA Corporation (NASDAQ:NVDA) is one of the top tech stocks with a strong return on equity. On August 10, it was reported that the company had agreed to pay 15% of its Chinese revenues to the US government as part of an agreement to secure export licenses.