CEOs and tech investments are intricately tied together, as seen in Jensen Huang's net worth, which fluctuated with Nvidia's stock due to concerns over China's chip sales restrictions. Despite these challenges, Nvidia's stock has stabilized, buoying Huang's net worth to $115 billion. Strategic adaptations, like introducing a more affordable Blackwell chip for the Chinese market, could open new avenues for sales. Meanwhile, global tech giants maintain a robust investment in AI, promising significant growth prospects for Nvidia outside China, with expected revenues aligning with Wall Street estimates.
Huang argues that once China has its high-end chips, Nvidia's success there will be limited.
Huang has also told the US government that the Nvidia China sales restriction will only make China speed up the creation of its own AI chips.
The media share price forecast across 62 analysts is $163, while shares traded at $131 today.
According to Reuters, the GPU will be priced between $6,500 and $8,000, well below the $10,000-$12,000 the H20 sold for.
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