Nvidia shares were rising early Thursday as investors put aside the hit to its China sales and concentrated on its booming revenue elsewhere.
Nvidia was up 5.2% at $141.79 in premarket trading. If the move holds, it will be the first time the stock has closed above $140 since February.
While revenue guidance for the current quarter came in short of expectations, with a midpoint of $45 billion, that included an $8 billion hit from restrictions on sales of its H20 chip to Chinese customers.