Chinese Buyers Approved for Nvidia H200 Chips; Stock Jumps
Chinese tech giants, including Alibaba, ByteDance, Tencent, and JD, have reportedly been approved to purchase Nvidia H200 chips. This significant development, following months of export speculation, has caused Nvidia's ($NVDA) stock to jump nearly 2% overnight. The news is seen as a major shift in the dynamics between Chinese buyers and U.S. chip manufacturers.
Detected & updated continuously · Source: Ruma
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@cryptorover
💥BREAKING: 🇨🇳 🇺🇸 Sources say Chinese buyers approved to purchase Nvidia ($NVDA) chips. • Alibaba • ByteDance • Tencent • JD If true, this changes everything. Months of export restrictions, geopolitical tension, all flipped in a single headline. China gets its compute. https://t.co/vOzOdjct2Z
@cryptorover
HUGE: $NVDA IS UP ALMOST 2% OVERNIGHT ON THE H200 CHIP APPROVAL FOR CHINA. https://t.co/9B7hFeIU8H
@InvestorJordan
$NVDA IS UP 2% ON THE H200 CHIP APPROVAL FOR CHINA $300 ON THE TABLE BEFORE END OF MONTH? 🚨 https://t.co/SeMQgj1kEQ