Nvidia To Regain Access to China With H200 Exports—UBS Stays Bullish With $235 PT

“Reuters reported contiguous that the US Commerce Department is considering allowing Nvidia to export Hopper H200s to China, portion exports of Blackwell procreation are apt disconnected the array for now. We are not peculiarly amazed arsenic we discussed connected our erstwhile notes (here and here) that it was apt that negotiations connected NVDA shipments volition proceed fixed China AI compute marketplace accidental and constricted interior supply.”

The steadfast believes that Nvidia’s support volition lone level the playing field. This is due to the fact that AMD has already secured licenses to vessel its MI308 chips to China, discussing a imaginable 15% taxation payable to the U.S. authorities connected these shipments.

The steadfast sees Nvidia well-positioned for $50B+ AI TAM successful 2025.

“We antecedently estimated the home China AI marketplace astatine ~2MM units and NVDA estimated China TAM astatine $50B/yr successful CY2025. Based connected estimates from the US authorities (here and here), we proceed to judge that home alternatives whitethorn lone beryllium capable to proviso thing successful the scope of $10B oregon ~20% of the full market, portion remaining ~80% to beryllium supplied by planetary vendors (NVDA, AMD).”

NVIDIA Corporation (NASDAQ:NVDA) specializes successful AI-driven solutions, offering platforms for information centers, self-driving cars, robotics, and unreality services.

While we admit the imaginable of NVDA arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 10 AI Stocks Making Headlines connected Wall Street and 12 Must-Watch AI Stocks connected Wall Street. 

Disclosure: None.