China intends to approve imports of Nvidia’s (NVDA) H200 chips as soon as this quarter, allowing local companies to buy the chip from Nvidia for select commercial use, Bloomberg News reports, citing people familiar with the matter. The chip will not be allowed to be used by the military, sensitive government agencies, critical infrastructure, and state-owned enterprises, the sources added.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVDA:
- Nvidia Stock Forecast (NVDA) – The Path from $4.6T to a $10T Market Cap by 2030
- Nvidia (NVDA) Plans to Double Israel Workforce to 10,000 With New AI Campus
- Nvidia (NVDA) Is Asking China Buyers to Pay in Full for H200 Chips. Here’s Why
- Chinese Chip Stocks Surge as Beijing Halts Nvidia’s H200 Chip Orders
- NVDA vs. PLTR: Which AI Stock Does Wall Street Prefer in 2026?