Nvidia Targets 10% Revenue Boost via China

Gene Munster says US approval for Nvidia's H200 GPUs to ten Chinese firms could lift CY27 revenue 3‑5%, up to 10%.
Munster expects China revenue excluded from July guidance, though it may boost July sales 1‑2%; H20 already approved but firms discouraged.
Nvidia's non‑China business grew 89% YoY in Jan‑2026 quarter, projected 100‑110% YoY in Apr‑2026, exceeding Street’s 79% estimate.
A 30% China share could add $23bn revenue, ~6% to Street’s $370bn CY26 estimate; AI GPU TAM now $75bn, up from $50bn.