Nvidia's H200 AI Chips to China: A New Era?

Nvidia to Resume H200 AI Chip Shipments to China, Boosting Stock and EarningsNvidia plans to resume shipping its H200 AI chips to China, potentially before the Lunar New Year festival, pending US government approval. This marks the first major US export of advanced AI chips to China since tough restrictions were imposed. Investors view this as a hopeful sign of normalizing Nvidias business in China, as the company dominates AI hardware and recently smashed earnings expectations. Despite sky-high valuations, Nvidias stock has climbed over forty percent in the past year, trading near one hundred eighty-seven dollars.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.