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Nvidia Q1 Preview: The $200 Breakout Has A China Prerequi...
2026-05-19 · via All Articles on Seeking Alpha

Summary

  • China matters to the Nvidia Corporation bull case. Yes, the data center has grown sequentially without GPU sales there, but I believe resumed access would improve Nvidia’s growth narrative.
  • In fact, I believe the chase-up rally last week was mainly driven by this factor, given the developments with NVDA's H200 during the Trump-Xi summit.
  • That said, Vera Rubin continues to be the main NVDA stock bull case pillar for the second half of the year, especially as inference demand appears to be rising materially.
  • Key NVDA risks are zero China guidance and possible inventory impairments (especially after the sequential inventory increase) if sales to this region never resume.
National flags of China and the United States waving in the wind on a clear day

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The most anticipated company to release earnings each quarter tends to be among the last stocks to report results. I'm talking about Nvidia Corporation (NVDA), which is scheduled to release its Q1 FY27 results this

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