Hold on, US approval was expected to be given, and that was not the biggest issue. What everyone wondered was whether China would allow the sales to happen without a hitch.
There was already rumblings that China would not easily approve its use, even while Jensen was trying to get things rolling in the China market (borderline begging the us president to approve the H200 sales). There had been passive accusations from China that the chips are throttled to be subpar, or could be exploited, likely a ploy to pressure nvidia harder.
Going by more recent news, Reuters has reported that the Chinese customs officers have been instructed that the H200 chips are not allowed into the country, after the "green light" was given by president trump.
This should cause some wobble in nvidia share prices considering how everyone wants a slice of the Chinese AI pie (look at how Meta acquired Manus with so muh haste), whether by selling them the components or hiring their talents.
I am wondering if this is a ploy by china to push nvidia to try and provide better prices, or do they really not want the chips at all. Also worth noting is that a quarter of the H200 chips sales in china goes to the united states government.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
