00:00It's Benzinga bringing Wall Street to Main Street
00:02Alibaba Group shares rose Thursday after reports signaled expanded access to NVIDIA
00:07artificial intelligence chips in China, according to Benzinga. The stock paired some gains in early
00:13Friday trading after rising more than 5% in the prior session. Reports said Chinese regulators
00:18may approve limited imports of NVIDIA's H200 chips as soon as this quarter for select commercial uses.
00:24NVIDIA now requires Chinese customers to pay up front and accept strict terms for H200 orders.
00:31Bloomberg reported Alibaba has privately told NVIDIA it is interested in ordering more than
00:36200,000 H200 units. The H200 is an older generation chip approved for export to China.
00:42Alibaba shares were down 2.51% at $150.59 in pre-market trading Friday, according to Benzinga Pro data.
00:51For all things money, visit Benzinga.com.
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