China Clears Nvidia H200 AI Chips for Import, NVDA Rises
TL;DR Summary
Nvidia shares rise in pre-market trading after Beijing approves the first imports of its H200 AI chips, signaling China’s push to balance AI demand with domestic chip development; the initial batch targets major internet firms, with quotas on foreign purchases, underscoring Nvidia’s leadership in AI accelerators.
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- Nvidia Stock Gains. How China and OpenAI News Could Break It Out of Its Rut. Barron's
- Exclusive: China gives nod to ByteDance, Alibaba and Tencent to buy Nvidia's H200 chips - sources Reuters
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