Nvidia CEO Jensen Huang announced that the company's market share in China's AI sector has plummeted from 95% to 0% due to stricter U.S. export regulations. According to NS3.AI, these restrictions necessitate a license for exporting H20 chips to China. Despite this setback, Wall Street analysts maintain an average price target of $269.82 for Nvidia's stock, with a high estimate reaching $380. The company's projected revenue for the next quarter stands at $78.62 billion.
