Skip to playerSkip to main content
  • 7 months ago
Alibaba shares jumped on reports that China may approve limited imports of Nvidia’s H200 AI chips, though the stock pared gains in early Friday trading amid export restrictions.

Category

🗞
News
Transcript
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.
00:54Alibaba shares were sold in 2018.
00:55Pianoku Yama
00:57alibaba shares were recorded in 2018.
00:59Multiplaced 가격 e.gogo
01:01Alibaba shares wererar than $1.99 in which the KGDA was Humans8Bik.
01:03In the school議員 linked to the KGDAoni line was어나为
01:04Dolfarbok Yama
01:06Southdenauer'sТы
01:08CUS number 100,000 Higچ
01:10And we hold on to the 100KGDAHi
01:16boy
01:19Cacized
01:21you
01:21need
Comments

Recommended