US approved around 10 Chinese firms to buy NVIDIA (NVDA) H200 chips, Reuters sources say
The US approval for approximately 10 Chinese firms, including major players like Alibaba and Tencent, to purchase NVIDIA's H200 chips signals a thawing in trade tensions, particularly in the tech sector.
Newsquawk Daily European Equity Opening News - 14th May 2026
Samsung Electronics (005930 KS) is reportedly to lower chip production ahead of strikes, MT Reports; action to start as soon as today
US approved around 10 Chinese firms to buy NVIDIA (NVDA) H200 chips, Reuters sources say
India has asked the US to extend its waiver on Russian oil, Bloomberg reports citing sources
Chinese President Xi says China and the US are to build stable relations as a new positioning of bilateral ties, CCTV reports
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- US approved Chinese buyers of NVIDIA chips include Alibaba (BABA/ 9988 HK), ByteDance, Tencent (TCEHY/0700 HK), JD.com (JD/ 9618 HK)
Given the strategic importance of semiconductors, this could be seen as a positive development for both companies involved and the broader market, with potential implications for supply chain dynamics and competitive positioning in AI technologies.
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