Ben Shapiro says the Trump administration's deal with Nvidia “sounds very cronyistic to me. I am not in love with it.”

Nvidia Corporation may surpass Q2 EPS estimates, but China market risks and high valuation raise concerns. Click for my NVDA earnings preview.

President Trump has confirmed that the US government will receive 15% of the sale of Nvidia's ( NVDA) H20 chips to China. The move, along with a similar one that will see rival Advanced Micro Devices ( AMD) turn over 15% of its China revenue, adds an interesting wrinkle to Nvidia's upcoming earnings schedule for Aug. 27.

A Fragile Foothold in China Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD) recently secured U.S. approval to resume sales of their lower-end AI chips, the H20 and MI308, respectively, to China,

Beijing has reportedly sent notices to a range of firms, including state enterprises and private companies, discouraging purchases of the H20, Nvidia’s less-advanced AI accelerator approved for sale i