Nvidia’s China H200 payment demand hits chip stocks premarket as Intel pops, TSMC sinks
Nvidia rose 1% premarket after requiring full upfront payment from Chinese buyers of its H200 AI chips, tightening terms as Beijing weighs approvals. TSMC fell 2.6%, AMD dropped 2%, and Intel jumped 6.4%. The PHLX semiconductor index hit a record high Tuesday. Samsung projected record Q4 profit on tight memory supply, with DRAM contract prices up 313% last quarter.