/NVIDIA%20Corp%20logo%20on%20phone-by%20Evolf%20via%20Shutterstock.jpg)
Earlier this month, Nvidia (NVDA) CEO Jensen Huang reported that the company does not expect Beijing to officially determine how many of the company's H200 chips are allowed into the country. Instead, individual “purchase orders” will determine the amount of revenue that Nvidia can obtain from China, the CEO stated.
Huang's statement suggests that Nvidia itself is unsure about how many H200 chips it can sell in the world's second-largest economy. This element of uncertainty, combined with the potential of meaningfully increased competition facing Nvidia, makes the stock one to hold at this point.
