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Nvidia shares rose to a new record Thursday after reports said the US cleared H200 AI chip sales to around 10 Chinese companies.
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Nvidia shares climbed to a new all-time high Thursday after reports said the US cleared around 10 Chinese companies to buy its H200 AI chips, reopening a major sales opportunity in one of the world’s most important AI markets.
The stock rose nearly 4% Thursday and was trading near $234 at press time, helping lift Nvidia’s market value to about $5.7 trillion as the broader tech rally pushed the S&P 500 and Nasdaq to record intraday highs. The move extended Nvidia’s record run after the company crossed the $5.5 trillion market cap threshold earlier this week.
