Nvidia stock climbs as China order signal lifts AI chips; Intel slide keeps traders wary
New York, Jan 23, 2026, 10:16 EST — Regular session Nvidia shares climbed 1.8% to $188.21 in early trading Friday following a Bloomberg report that Chinese officials have instructed top tech companies to start preparing orders for Nvidia’s H200 AI chips. The H200 is a data-center GPU designed for training and running large AI models. (Bloomberg) The report struck a nerve for AI stocks: demand from China has swung chipmakers’ fortunes amid shifting U.S. export controls and Beijing’s push toward domestic substitutes. In Washington, the House Foreign Affairs Committee moved forward this week with the “AI Overwatch Act.” The bill