Nvidia Stock Gains as Trump Administration Considers Easing H200 Chip Sales to China
Nvidia shares reversed early losses Friday following a Bloomberg report that the TRUMP administration may allow exports of its H200 AI chips to China. The discussions remain preliminary, with no formal decision yet. The chipmaker confirmed current U.S. restrictions prevent it from selling competitive data center chips in China—a policy that effectively cedes the market to foreign rivals.
Earlier this year, Nvidia secured approval to sell downgraded H20 chips in China but reported no revenue from such sales last quarter. Beijing has escalated its push for semiconductor self-sufficiency, banning foreign AI chips in government data centers and directing firms to halt Nvidia GPU purchases. Despite these tensions, former President Trump previously indicated he hadn't discussed Nvidia's most advanced Blackwell architecture with Chinese officials.
