NVIDIA is reportedly cooking up a new Blackwell B30A chip for China: will replace Hopper H20, but has half the performance of the Blackwell Ultra B300.

Sam Altman has cautioned against the use of export controls and has warned that China can probably build inference capacity faster than the U.S..

The Chinese impact on Nvidia is significant. KeyBanc raised its Q2 revenue estimate to $47.1 billion from $45.1 billion, above Wall Street’s consensus of $45.7 billion. It raised earnings per share to $1.05 from $0.99, slightly above consensus of $1.00.

The agreement between the chipmakers and the U.S. government will allow Nvidia and AMD to obtain export licenses to resume sales to China.

Nvidia remains the dominant AI chipmaker in the market, but where is the stock headed for the rest of this year and into the next?

Nvidia is developing a China-specific AI accelerator, tentatively called the B30A, that Reuters reported would sit between the H20, currently permitted for sale in China, and the flagship B300 in capa

In a surprising reversal of the United States’ years-long technology restrictions on China, President Donald Trump last month allowed Nvidia to resume sales of a key AI chip designed specifically for the Chinese market.

Outside of the U.S., China remains one of the most important markets fueling demand for high-performance chipsets, particularly graphics processing units (GPUs). Nvidia CEO Jensen Huang has estimated that the AI opportunity in China alone could be worth as much as $50 billion.