Despite China Issues, Nvidia (NVDA) Sees Strong Demand for Blackwell Chips

NVIDIA Corporation (NASDAQ:NVDA) is 1 of the 15 Best Aggressive Growth Stocks to Buy Right Now. On November 7, Reuters reported that NVIDIA Corporation’s (NASDAQ:NVDA) CEO Jensen Huang stated that determination are nary progressive talks astir selling the company’s latest Blackwell AI chips to China. The Trump medication has stopped these chips from being sold to China due to the fact that of concerns that they could assistance the Chinese AI manufacture and military.

The US has permitted NVIDIA Corporation (NASDAQ:NVDA) to merchantability its H20 spot successful China, but Huang has repeatedly made it wide that China does not privation NVIDIA Corporation (NASDAQ:NVDA) products to service the Chinese market. As a result, the company’s marketplace stock is zero successful China. Huang said helium hopes China volition alteration its policy.

The company’s CEO besides clarified his caller comments that were quoted successful a Financial Times report. Huang explained that helium did not accidental China would triumph the AI race. Instead, helium said China has “very bully AI technology.” He besides mentioned that fractional of the world’s AI researchers are successful China and the astir fashionable open-source AI models travel from China. NVIDIA Corporation’s (NASDAQ:NVDA) CEO said China is moving “very precise fast,” and the US indispensable besides determination incredibly accelerated to enactment competitive.

Despite these challenges with China, connected November 8, Reuters reported that Huang said NVIDIA Corporation (NASDAQ:NVDA) faces “very beardown demand” for its Blackwell chips. The institution has besides accrued its request for wafers from Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM).

When asked astir representation shortages, NVIDIA Corporation’s (NASDAQ:NVDA) CEO said concern is increasing good but determination volition beryllium shortages successful antithetic areas. He pointed retired that the institution has “three very, precise bully representation makers – SK Hynix, Samsung, Micron – are each incredibly bully representation makers, and they person scaled up tremendous capacity” to enactment NVIDIA Corporation (NASDAQ:NVDA).

NVIDIA Corporation (NASDAQ:NVDA) is an American multinational exertion institution known for producing graphics processing units (GPUs), AI hardware and software, and high-performance computing (HPC) solutions.

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.

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Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.