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News  ›  Benzinga

Nvidia Stock Climbs On Reports of US Review Of H200 Exports To China

Benzinga Logo Benzinga By Evette Mitkov
Nvidia Stock Climbs On Reports of US Review Of H200 Exports To China

Nvidia shares rose 2.95% on Friday following reports that the Trump administration has begun a formal review of H200 AI chip exports to China. The U.S. Commerce Department forwarded license applications to State, Energy, and Defense Departments for a 30-day review, with President Trump having final authority. Trump previously signaled willingness to allow H200 sales to China with a 25% government fee, arguing it could help U.S. chipmakers maintain competitive advantage. Multiple analysts maintain bullish ratings on Nvidia with increased price targets.

Insights
BACpN   positive

Maintains Buy rating and sees promising growth potential for Medtronic's medical technologies


NVDA   positive

Stock price increased 2.95% on news of formal export review process for H200 chips to China. Potential approval could open significant new market opportunities. All five recent analyst ratings are bullish with increased price targets, with Tigress Financial raising target to $350 and Truist Securities to $275.