Nvidia stock rises on China H200 green light as NVDA traders brace for Feb. 25 results
Nvidia shares rose 1.6% to $191.52 Wednesday and held steady after hours following reports that China approved ByteDance, Alibaba, and Tencent to buy over 400,000 H200 AI chips. The approvals come with conditions still under discussion, and no purchase orders have been placed yet, sources said.