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S&P 500 surged 0.8% past 7,500 on AI strength and US-China summit optimism. Nvidia jumped 4.4% after US cleared H200 chip exports. Cisco soared 13% on upgraded forecasts amid geopolitical easing.
Nvidia secured regulatory approvals from both the US and China to sell its H200 AI chips to multiple Chinese companies, enabling resumed manufacturing and anticipated orders from major clients in Chi…
Nvidia received approval from Chinese and U.S. authorities to sell its H200 AI chips in China, enabling the company to resume manufacturing and fulfill multiple purchase orders from Chinese customers.
China has approved the import of Nvidia's powerful H200 AI chips primarily for major internet firms, signaling strong demand and easing export restrictions amid U.S.-China tech tensions.
China has approved import of several hundred thousand Nvidia H200 AI chips, prioritizing major internet firms amid balancing domestic development and strong local demand for advanced AI hardware.