NVIDIA stock price rises on China H200 order signal as NVDA heads into a busy week
Nvidia shares rose 1.5% to $187.67 Friday after reports that Chinese officials told major tech firms to prepare orders for its H200 AI chips. The move comes as Nvidia awaits a formal decision from Beijing on whether the chips can be sold in China. CEO Jensen Huang was in Shanghai Saturday amid ongoing scrutiny and competition. U.S. markets closed with the Dow down 0.58%, S&P 500 flat, and Nasdaq up 0.28%.