Nvidia stock heads into Monday with China’s H200 signal in focus
Nvidia shares rose 1.5% to $187.67 Friday after reports that China may allow Alibaba, Tencent, and ByteDance to order H200 AI chips. CEO Jensen Huang is in Shanghai as Nvidia awaits Beijing’s decision on chip imports. Chinese customs have been told the H200 is banned, according to Reuters. Board member Persis Drell resigned effective Jan. 20 for a new career path.