Nvidia Shares Rise on Approval for H200 Exports to China

Nvidia's shares gained value after the U.S. administration approved the sale of H200 AI chips to Chinese technology companies. This development has the potential to boost the company's sales in the Chinese market. Nvidia CEO Jensen Huang joined a delegation in Beijing to increase sales. However, despite the approval, no shipments have been made yet. Markets view this export approval as a positive sign for Nvidia's growth opportunities in China. The company's shares entered an upward trend following the news. This is not investment advice.

📊 NVDA — Piyasa Yorumu

▲ up · 70%

The news provides a positive catalyst as Nvidia secures approval for H200 exports to China. Technical indicators point to strong bullish momentum: the price is above both the 20-day and 50-day moving averages, and the RSI at 78 is near overbought territory but not yet overbought. The MACD is above the signal line and positive, indicating a continued uptrend. The 6.5% increase in the last 24 hours confirms the market's positive reception of the news. In the short term, the upward trend is expected to continue, although the elevated RSI suggests a risk of a short-term correction.

RSI 14

78.8

MACD

5.14

24h Δ

6.47%

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