Taiwan stocks open at a high! Rumors that NVIDIA H200 chips can be sold to China, TSMC surges, and Largan hits the daily limit up

Rumors that the U.S. is planning to approve Nvidia’s sale of H200 chips to China have driven Taiwan stocks up more than 600 points to a new high, with TSMC opening higher and Largan hitting the daily limit. Although actual shipments still have uncertainties, 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 released a stabilizing signal, combined with this news, boosting AI concept stocks. The four major U.S. stock indices all hit new highs, and Taiwan stocks also reached new highs 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 gains 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 daily limit

Reuters reveals H200 sales 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 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 the number of chips designed in China increases month by month, supply will gradually increase this year; Alibaba senior executives stated that their proprietary chips have achieved mass production. 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’s 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 that he was not aware of it, 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 alternatives.

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 quick look at the Xi-Biden meeting highlights! 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. The content is for reference only and should not be considered investment advice.