Nvidia Corporation (NASDAQ:NVDA) still has “an opportunity in China,” and “many think” that the chip giant will be able to sell modified chips to the Asian country in the not-too-distant future, Synovus vice president and senior portfolio manager Daniel Morgan told Yahoo Finance recently.
“I don’t think China is off the map” for Nvidia, Morgan added.
Nvidia Corporation’s Possible Strategy on China
Many on the Street believe that the tech giant will sell a modified version of its Blackwell chip to Chinese entities, Morgan said. But of course, Nvidia Corporation will have to get permission from the Trump administration in order to do so, the investor noted.
Other Opportunities for NVDA
Noting that Saudi Arabia and other nations have intensified their trade relationship with America, Morgan also pointed out that NVDA had recently received an order for over 18,000 of its GPU chips from Saudi Arabia.
“I think there are opportunities for Nvidia,” overseas, including in Saudi Arabia and other part of the Middle East, he said.
Nvidia Corporation’s ability to sell its chips to large companies could also increase in the future, Morgan believes.
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This article is originally published at Insider Monkey.
