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Nvidia (NVDA) Rises on China Chip Clearance, but Beijing Blocks Actual Sales

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The Story

News Summary

  • U.S.
  • Commerce Department cleared 10 Chinese companies to purchase Nvidia H200 chips, but Beijing has discouraged actual purchases due to domestic chip industry protection and transit concerns, limiting immediate revenue impact.
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NVDA price history

218.29 +19.87% over the displayed period

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