Nvidia: China Is Back

Nvidia Corporation can now sell older AI GPU chips to China, reversing a previous sales block and unlocking a $50 billion annual market opportunity. The U.S. government's export license decision was logical, as blocking sales would have ceded the Chinese AI accelerator market to foreign competitors. Nvidia's FQ3 and FQ4 revenue guidance could see significant upside as Chinese sales resume, potentially pushing quarterly sales far above current consensus estimates.