NVIDIA will issue AI Chips profits report, which ends on April 30, 2025 on Wednesday. The company is expected to report 66 % income growth on an annual basis to 43.28 billion dollars, and its results will be pumped a new force in the market. Traders regained some reasons after the European Union expressed its commitment to accelerate trade negotiations with the United States.
The company previously stated that it expects that there will be 5.5 billion dollars after the US government imposed restrictions on the export of high -performance H20 chips to China in April. In addition, CEO Jensen Huang described the move as “very painful”. However, the recent Bloomberg report estimates that NVIDIA’s revenues from China will likely grow to $ 6.2 billion in the quarter ended in April. This translates into about 14 % of the total revenue forecast of $ 43.8 billion.
Miscellaneous, it emphasizes the importance of the Chinese market for the company’s growth plans. The market will also be keen to get more information about GPU Blackwell chips cheaper in the company dedicated to the China market as a means of moving around US government restrictions. The cost of the chips is estimated at between 6.5 thousand dollars and 8 thousand dollars, which is much lower than the Blackwell price of 10 thousand dollars to 12 thousand dollars.
Ultimately, NVIDIA (NASDAQ: NVDA) aims to obtain a large part of the Chinese Data Center market, which is estimated at $ 50 billion, amid increasing competition from local manufacturers such as Huawei. Therefore, a more detailed plan for this market can help support the NVIDIA share price.
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NVIDIA share price prediction
The momentum is preferred on the price of NVIDIA buyers to stay in control over $ 133.10. The bullish movement is likely to meet the initial resistance at $ 137.35. However, the expanded control by buyers will break this level and test $ 140.35.
On the other hand, the momentum will turn to the negative side if the NVIDIA share price broke out to less than $ 135.10. If this happens, the arrow is likely to find the first support at $ 133.10. However, the strongest declining momentum will be broken without this level and leads to nullifying the bullish narration. Moreover, the procedure can decrease and test $ 130.00.
