US Government Reviews Nvidia H200 Chip Export Rules, Sparks Semiconductor Rally
The US government has initiated a review of export restrictions on Nvidia's H200 chips to China, triggering a surge in semiconductor stocks. President Donald Trump's administration is evaluating license applications for advanced chip sales, with input from multiple federal agencies expected within 30 days.
Market participants interpret the move as potential fulfillment of Trump's earlier pledge to permit Nvidia's China exports in exchange for a 25% government fee. The news propelled Nvidia shares 4% higher over five days, despite a recent 5% monthly decline that has brought the stock to $18 - presenting what traders view as an attractive entry point.
The review process could unlock significant revenue streams for Nvidia in China and other markets. Semiconductor investors remain bullish on the sector's prospects, with the H200 export decision potentially serving as a major catalyst for Nvidia's stock performance through Q1 2026.
