Nvidia Turns Constructive After Trump Gives Green Light for H200 AI Chip Sales to China
Nvidia wins conditional China access as US demands 25% slice
President Trump says Nvidia will be permitted to sell its H200 AI chips to "approved customers" in China and elsewhere, with the U.S. taking a 25% cut of revenue. Xi Jinping "responded positively," Trump said, adding that similar rules will apply to AMD, Intel and others. The arrangement follows an earlier — unrealized — plan for Nvidia and AMD to share 15% of China chip sales with Washington, and comes after China warned firms against using Nvidia's H20 chip. The H200 is more advanced than the H20 but not Nvidia's top tier. Nvidia shares rose about 2% after hours, with the company calling the policy a balanced approach that supports U.S. jobs and manufacturing amid an intense U.S.–China semiconductor rivalry.
Bullish Signals Emerge on the Daily
NVDA.us EMAs are turning constructive. The faster green EMA is crossing above the slower orange EMA, a favourable shift in trend. At the same time, the RSI is pushing above the 50 line, signalling strengthening momentum. If the RSI holds above 50 and the EMAs continue to build angle and separation after the crossover, NVDA.us is likely to press higher.
Russell Shor
Senior Market Strategist
Russell Shor is a Senior Market Strategist at FXCM, having been promoted to the role in 2025 in recognition of his depth of insight and consistent delivery of high-impact market analysis. He originally joined FXCM in October 2017 as a Senior Market Specialist.
Russell holds an Honours Degree in Economics from the University of South Africa, is a certified FMVA®, and a full member of the Society of Technical Analysts (UK). With over 20 years of experience in financial markets, his work is renowned for its clarity, precision, and strategic value across asset classes.
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