Nvidia's H20 China Play: Cramer's 'HUGE' Call Ignites A $15 Billion AI Bonanza

Core Viewpoint - Nvidia Corp has received approval from the U.S. government to export its H20 AI chips to China, marking a significant geopolitical win and leading to a surge in its stock price [1][5]. Group 1: Financial Impact - The previous export ban resulted in Nvidia facing $4.5 billion in stranded inventory and potential losses of up to $15 billion in sales to China [2]. - With the approval, Nvidia aims to regain its 13% share of revenue from China, which is crucial for its growth in the AI market [3]. Group 2: Market Dynamics - Major Chinese companies such as ByteDance, Tencent, and Alibaba are now eager to place orders for Nvidia's H20 chips, indicating strong demand in the Chinese market [2][3]. - Nvidia is also launching its new RTX Pro GPU, targeting the industrial AI sector in China, which could further boost its revenue [4]. Group 3: Analyst Sentiment - Analyst Jim Cramer has expressed strong support for Nvidia, advising investors to hold the stock long-term, emphasizing the importance of this policy change for Nvidia's growth trajectory [5].