Boss Jensen Huang is heading to China where the company’s pared-back AI processors will be in hot demand. But the US president could easily kill this business forecast to make $50 bln in sales, and hand its local rival an edge,

Tuesday after the company said it expects to be able to sell its H20 chips to China again, along with a new export-control-compliant chip for artificial intelligence. The development clears an overhang — for now — and sets Nvidia on a path toward potentially more big market-capitalization milestones with its China revenue opportunity unlocked.

Nvidia: H20 export reinstated, bolstering the $200 by this year-end bull case and reviving the China growth story.