By Prabhjote Gill
Publication Date: 2026-05-23 11:29:00
Michael Parekh said in an exclusive interview with Stocktwits that a future agreement between China and the U.S. on chip exports could force Wall Street analysts to revise Nvidia revenue forecasts.
- In an exclusive interview with Stocktwits, former Goldman Sachs partner Michael Parekh said Nvidia’s official China revenue figures do not reflect the company’s full exposure to Chinese AI demand.
- Parekh estimated Nvidia could potentially add another $10 billion in revenue if China sales normalized.
- Nvidia currently excludes China revenue from forward guidance following U.S. restrictions on H20 chip sales.
Nvidia’s (NVDA) revenue from China remained at zero during the first quarter, but Michael Parekh, a former Goldman Sachs executive who now runs the AI: Return to Zero Substack and has covered every major technology wave since the internet era, told Stocktwits that the number is not the whole story.
According to him, if a September White House meeting between Chinese President Xi Jinping and President Donald Trump results in an official green light for Nvidia chip sales to China, analysts who currently model China revenue at zero would be forced to rebuild their forecasts from scratch.
“If there is an official green light from Xi and China and Trump that Nvidia can trade their chips, then yes, the stock will be re-rated,” Parekh told Stocktwits in an exclusive interview with Michele Steele. “People will now officially put more numbers on Nvidia’s side for China, because the…
