Nvidia Stock Surges on Potential China Chip Exports

Nvidia stock surged by nearly four percent in early trading on Friday, following a Reuters report that the Trump administration is reviewing the export of advanced H200 chips to China. This development, seen as a positive sign for potential chip sales, could lead to a weekly gain for Nvidia, currently the worlds largest company by market value. However, experts warn that lifting export restrictions still faces challenges, and national security concerns persist. Despite these complexities, the news sparked a broader rally across other chipmakers and developers.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.