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Nvidia (NVDA) Surges as China Clears $30B H200 Chip Sales to Alibaba and Others

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Nvidia shares rose after China authorized local firms, including Alibaba, to order its H200 chips, unlocking potential $30 billion revenue.
  • Production had paused due to customs blocks, but Beijing’s easing stance signals renewed demand and sales opportunities.
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NVDA price history

218.29 +19.87% over the displayed period

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