$NVIDIA(NVDA)$ 's Chinese market share has collapsed from 95% to near zero over the last 2 years due to US export restrictions.
The big question is: will there be an AI export relaxation now?
I am not holding my breath on US transfering its top tier AI technology.
But I expect there maybe a compromise unblocking the H200 generation chips.
A win here would be allowing NVIDIA to export older tier chips in exchange for relaxation of rare earth exports to the US.
How will NVIDIA perform?
Bull Case: Even a minor breakthrough to allow shipping of custom compliant chips would allow NVIDIA to clear its inventory, sparking its share price to higher records.
If the summit concludes with nothing but vague platitudes NVIDIA may face short term correction.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Great article, would you like to share it?