Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang stated in a recent interview with CNBC’s Jim Cramer that the AI chip giant’s financial guidance already accounts for zero revenue from China.
Check out NVDA’s stock price here.
NVDA’s Guidance Eliminates Any Revenue Expectations From China
Addressing the U.S. and China, Nvidia CEO Huang delivered a crucial piece of reassurance, making it clear that Nvidia has financially insulated itself from potential escalations.
“All of our guidance assumes China zero,” Hung stated unequivocally. “And so if anything works out with China, it will be a bonus for us.” While acknowledging that “China is a very large market, it’s a very important market,” he stressed that until the trade situation is resolved, “we should just assume it’s zero.”
A Full China Ban ‘Hurts American Companies Worse’
Beyond the financials, Huang directed an argument toward U.S. policymakers, stating that the goal is for America to “win the AI race.” He warned …
Full story available on Benzinga.com
Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang stated in a recent interview with CNBC’s Jim Cramer that the AI chip giant’s financial guidance already accounts for zero revenue from China.
Check out NVDA’s stock price here.
NVDA’s Guidance Eliminates Any Revenue Expectations From China
Addressing the U.S. and China, Nvidia CEO Huang delivered a crucial piece of reassurance, making it clear that Nvidia has financially insulated itself from potential escalations.
“All of our guidance assumes China zero,” Hung stated unequivocally. “And so if anything works out with China, it will be a bonus for us.” While acknowledging that “China is a very large market, it’s a very important market,” he stressed that until the trade situation is resolved, “we should just assume it’s zero.”
A Full China Ban ‘Hurts American Companies Worse’
Beyond the financials, Huang directed an argument toward U.S. policymakers, stating that the goal is for America to “win the AI race.” He warned …
Full story available on Benzinga.com
Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang stated in a recent interview with CNBC’s Jim Cramer that the AI chip giant’s financial guidance already accounts for zero revenue from China.
Check out NVDA’s stock price here.
NVDA’s Guidance Eliminates Any Revenue Expectations From China
Addressing the U.S. and China, Nvidia CEO Huang delivered a crucial piece of reassurance, making it clear that Nvidia has financially insulated itself from potential escalations.
“All of our guidance assumes China zero,” Hung stated unequivocally. “And so if anything works out with China, it will be a bonus for us.” While acknowledging that “China is a very large market, it’s a very important market,” he stressed that until the trade situation is resolved, “we should just assume it’s zero.”
A Full China Ban ‘Hurts American Companies Worse’
Beyond the financials, Huang directed an argument toward U.S. policymakers, stating that the goal is for America to “win the AI race.” He warned …Full story available on Benzinga.com Read MoreAMD, Earnings, Earnings Beats, Earnings Misses, Equities, News, NVDA, QQQ, SPY, Guidance, Futures, Econ #s, Markets, SPY, US78462F1030, NVDA, US67066G1040, AMD, US0079031078, QQQ, US73935A1043, News, Earnings, Equities, Earnings Beats, Earnings Misses, Guidance, Futures, Econ #s, Markets, Benzinga Markets
