UBS Lifts Nvidia Price Target to $205 Amid $1B Forecast Beat

- UBS raises Nvidia price target to $205, anticipating a $1 billion quarterly revenue beat. - Growth driven by resumed H20 chip sales to China and strong data center demand. On August 21, 2025, Reuters reported that UBS raised Nvidia’s price target to $205. The bank anticipates a quarterly revenue beat of approximately $1 billion. This growth stems from strong demand for data center chip racks and resumed sales of Nvidia’s H20 chips to China, which follow a key agreement with the U.S. government. UBS analysts also identified that ramp-ups in Nvidia’s GB200 and GB300 chip models are critical to strengthening global data center infrastructure. Nvidia recently resumed H20 chip sales to China under a U.S. government agreement. The terms require the company to contribute 15% of associated sales revenue. This strategic move helps Nvidia maintain its competitive edge amid ongoing U.S.-China trade tensions in the semiconductor sector. Industry experts suggest Nvidia is developing a Blackwell chip specialized for the Chinese market to address potential regulatory shifts. According to Reuters on August 21, while specifics remain unconfirmed, such strategic adaptations reflect Nvidia’s proactive stance in navigating international trade challenges. Meanwhile, President Donald Trump publicly criticized Intel’s CEO, Lip-Bu Tan, calling him highly conflicted and demanding his resignation. In his comments, Trump contrasted Intel's situation with the government's revenue-sharing model that Nvidia and AMD use for Chinese chip sales. As of 12:00 UTC on August 21, Nvidia (NVDA) is trading at $174.98.