Jensen Huang's debate point hits the mark! NVIDIA's stock price first breaks $230 after H200 is lifted

Mars Finance News, May 14 — According to market data, NVIDIA’s U.S. stock price has surpassed $230 for the first time, reaching a high of $232.18, with a market capitalization exceeding $5.6 trillion, setting a new record high.
On the news front, today the U.S. has authorized 10 Chinese companies, including Alibaba, ByteDance, Tencent, and JD.com, to purchase NVIDIA H200 chips, but no actual deliveries have occurred yet.
Distribution companies such as Lenovo and Foxconn are also able to purchase, with each approved company allowed to buy up to 75,000 H200 chips.
NVIDIA CEO Jensen Huang previously discussed intensely with the host on a podcast about whether the U.S. should sell AI chips to Chinese companies.
The host questioned whether providing high-performance AI chips to Chinese companies could weaken America’s AI leadership advantage.
Huang responded that the U.S. should maintain its lead and continue innovating, while allowing global AI developers to operate on American technology stacks, which is more beneficial for the U.S.
Export controls have backfired, as restrictions have accelerated the rise of China’s domestic chip industry, forcing China’s AI ecosystem to shift toward optimizing local hardware.
Huang also said that there is no need to adopt a “loser mentality” by presuming American companies will lose the Chinese market.