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Faisal Humayun Khan

The First Batch of H200 Shipments Could Soon Be Heading to China. What Does That Mean for Nvidia Stock.

Nvidia Stock China NVDA Alibaba BABA ByteDance

Considering the monumental gains clocked by Nvidia (NVDA) stock in the last five years, the price action has been relatively subdued in the last few months. However, NVDA stock is likely to remain in a long-term uptrend considering the industry outlook and continued positive developments. 

In recent news, China has approved the import of a first batch of H200 chips, Nvidia’s second most powerful AI chip. Currently, ByteDance, Alibaba (BABA) and Tencent (TCEHY) have all received the go-ahead to buy more than 400,000 H200s. Additionally, China has conditionally given its AI startup, DeepSeek, approval to purchase H200 AI chips.

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