Nvidia is set to recoup billions of dollars in revenue as the Trump administration has signaled it will grant licenses for the company to resume sales of its AI chips to China after a surprise export ban in April.

China generated $17 billion in revenue for Nvidia in 2024, roughly 13% of the company's total revenue, Versace said. In response to the news, he lifted his Nvidia price target to $200 from $185 and reiterating his One rating.

Even at record highs, Nvidia’s stock may not be as expensive as it is touted to be. Some valuation metrics suggest room for upside

Nvidia (NASDAQ:NVDA) received a fresh boost on Friday as DBS analyst Fang Boon Foo raised his price target to $180 from $160, maintaining a "Buy" rating. Foo pointed to sustained global demand for Nvidia's AI accelerators,

In its recently published Fiscal year 2025 Sustainability report, covering the last 12 months, Nvidia said all of the energy it purchased during this period was from renewable sources, on-site solar generation, or purchased fuels. The company set itself a 2025 100 percent renewable energy target in 2023.

Nvidia CEO Jensen Huang said he wants to ship chips that are more advanced that the H20 product to China. The U.S. reversed a ban that restricted Nvidia from sending its export control-compliant chip known as the H20 to China.