Taiwan stocks open at a record high! Rumors that NVIDIA H200 chips can be sold to China as permitted, TSMC jumps, and Largan hits the daily limit.

Reports that the U.S. is considering approval for Nvidia to sell H200 chips to China have driven Taiwan stocks up more than 600 points to new highs, with TSMC opening higher and Largan hitting the daily limit up. Although actual shipments remain uncertain, experts remain optimistic about the chip’s potential in the Chinese market.

Rumors that Nvidia can sell H200 chips to China, Taiwan stocks open higher again

According to an exclusive report by Reuters, the U.S. has preliminarily approved approximately 10 Chinese tech giants to purchase Nvidia’s H200 chips. The meeting between Xi and Biden has sent a signal of stability, and combined with this news, AI concept stocks have risen, with the four major U.S. stock indices reaching new highs. Taiwan stocks also hit new highs again at the opening today.

Taiwan stocks showed strong momentum at the open today, the weighted index opened higher at 41,830.42 points, then quickly expanded its gain to over 600 points during the session, reaching a high of 42,408.66 points; TSMC opened up 40 yuan at 2,310 yuan; Largan surged to the daily limit after opening; Hon Hai and MediaTek and other large-cap stocks also opened high.

Image source: Google Finance Rumors that Nvidia can sell H200 chips to China, Taiwan stocks open higher again, Largan hits the limit up

Reuters reveals H200 export details, Chinese tech giants accelerate independent R&D

Reuters pointed out that, the U.S. Department of Commerce has approved Chinese companies like Alibaba, Tencent, and JD.com to purchase H200 chips, and distributors like Lenovo and Hon Hai have also been authorized. According to the licensing terms, each approved customer can buy up to 75,000 chips. Trump also negotiated to require the U.S. to collect a 25% fee from sales revenue.

Meanwhile, China’s own chips are gradually expanding. Tencent’s Chief Strategy Officer James Mitchell said that as Chinese-designed chips increase month by month, supply will gradually increase this year; Alibaba executives stated that their proprietary chips have achieved mass production at scale. This highlights that during Nvidia’s restrictions, Chinese tech companies are actively shifting toward domestically produced chips.

Actual shipment status remains unclear, but experts are optimistic about H200 adoption in China

Although there are rumors that Nvidia has opened up H200 chips, no H200 shipments have been completed to date.

CNBC reported that whether Nvidia has indeed received approval remains uncertain. Because U.S. Treasury Secretary Scott Bessent told the media he was unaware of such approval, and explained that there is still room for discussion, and it is the responsibility of the Commerce Department.

In the past year, there have been frequent reports claiming that the U.S. has approved the shipment of lower-tier chips to China, but some reports also indicate that China is encouraging the purchase of domestic substitutes.

Counterpoint Research partner Neil Shah said that Chinese companies developing proxy AI will need more advanced chips, and the competition has shifted to large-scale inference expansion. Chinese companies cannot continue to wait; now is a good time for H200 chips to be adopted.

Further reading:
A summary of the Xi-Biden meeting! The meeting lasted 2 hours and 15 minutes, with Iran, Taiwan, AI, and rare earths as focal points

TSMC’s Zhang Xiaoqiang: Semiconductor growth momentum shifting from mobile phones to AI, “COUPE” will become a key term

This content is compiled by Crypto Agent from various sources, reviewed and edited by “Crypto City.” It is still in the training phase and may contain logical biases or informational errors. Content is for reference only and should not be considered investment advice.