Nvidia Gains 4.4% After U.S. Clears H200 AI Chip Sales to China
Nvidia shares jumped 4.4% after U.S. regulators approved the sale of its H200 AI chips to Chinese firms, lifting the S&P 500 and Nasdaq to record highs. Jensen Huang joined President Trump's China visit entourage, underscoring geopolitical backing for Nvidia's China business.
1. H200 Chip Export Approval Fuels Gains
U.S. regulators cleared Nvidia’s H200 AI accelerator exports to Chinese firms, easing previous curbs and opening access to China’s expanding AI sector. The approval triggered a 4.4% rally in Nvidia shares, propelling the S&P 500 and Nasdaq to fresh record highs.
2. Jensen Huang Joins Presidential Delegation
Nvidia CEO Jensen Huang traveled with President Trump on his state visit to China, highlighting the company’s strategic role in U.S.-China technology relations. His participation signals strong government support that may facilitate future regulatory approvals for Nvidia’s products.