US Approves H200 Chip Exports to 10 Chinese Companies, NVDA Gains $1T Market Cap

The US unexpectedly approved H200 AI chip exports to 10 Chinese companies, reversing prior restrictions and restoring a market worth 25 percent of NVDA's revenue. The stock surged 20 percent since May 5 and added roughly USD $1 trillion in market capitalization, pushing NVDA toward $5.7 trillion and lifting next week's earnings into a different valuation regime.