Nvidia (NVDA.US) H20 chip regains export license to China, Needham raises target price to $200.

Zh tng cijng APP hu x, yng wid (NVDA.US) jn r xunb jhu huf xing zhnggu shchng xioshu q H20 chpin, bng chng y hud migu zhngf chku xk zhng de bozhng. Shu c xiox yngxing, zhmng tuz gngs Needham jing yng wid gpio mbiojia cng 160 miyun shng tiozh do 200 miyun, bng wich mir pngj. According to the Smart Finance APP, NVIDIA (NVDA.US) recently announced plans to resume selling its H20 chips to the Chinese market and stated that it has obtained assurance of an export license from the US government. In light of this news, the well-known investment company Needham raised NVIDIA's stock target price from $160 to $200 and maintained a "buy" rating.