Nvidia shares surged in early trading on Monday, largely after the China-market version of its new Blackwell chip complied with U.S. export control requirements. The news eased market concerns about geopolitical tensions and trade restrictions and also showed investors' confidence in Nvidia's ability to cope with challenges. The chip sector has rebounded as a whole, with Nvidia's stock price rising more than 4% to $122.76, doubling so far this year. This success highlights NVIDIA's strength in technological innovation and market demand.
It is reported that Nvidia will cooperate with Chinese technology company Inspur to produce "B20" chips that comply with U.S. export control requirements, with shipments planned to begin in the second quarter of 2025. The news helped ease concerns about the impact of tightening trade restrictions and geopolitical tensions on the semiconductor industry. The market's positive reaction to the news shows investors' confidence in Nvidia's ability to deal with export control challenges.
In addition, Nvidia's Blackwell platform has received high attention and strong demand from the market, which is also one of the important factors driving the company's stock price. Nvidia's stock price has doubled this year, rising more than 4% to $122.76 on Monday. This shows that despite the challenges of export controls, the company is still able to achieve significant results in technological innovation and market demand.
Nvidia was able to successfully launch new chips that met the requirements in the context of export controls, and the company's stock price rose as a result, reflecting the market's optimistic expectations for its future prospects.
Highlights:
NVIDIA shares rose sharply in early trading on Monday, with chip stocks generally recovering, as the company's upcoming version of its new Blackwell chip for the Chinese market complies with U.S. export control requirements.
Nvidia plans to work with Chinese technology company Inspur to produce "B20" chips that comply with export control requirements and are expected to ship in the second quarter of 2025, a move that will help ease investor concerns about trade restrictions and geopolitical tensions.
NVIDIA's stock price has more than doubled since the beginning of the year due to strong demand for the Blackwell platform, rising more than 4% to $122.76 on Monday.
NVIDIA successfully responded to the export control challenge and received a positive response from the market, demonstrating its strong technical strength and market competitiveness, injecting confidence into investors, and providing a positive signal for the development of the semiconductor industry. In the future, whether Nvidia can continue to maintain its growth momentum still needs to pay attention to market changes and the development of the international situation.