h200

The pump from the 'friendship' between Trump and Xi fizzled out faster than Jensen Huang could step off Air Force One: Nvidia tanked by 4.6%, wiping out $170 billion in market cap in a single session. Despite the formal green light from the White House to sell H200s to ten Chinese giants, Beijing has effectively blocked the deals, opting for import substitution and chips from Huawei.
For the market, this is a wake-up call: Nvidia remains a pawn of geopolitics, and the Nasdaq, which dropped by 1.7%, clearly shows that without real checks from China, the AI hype of 2026 is starting to dangerously resemble an overheated bubble.

#Nvidia #TrumpChina #AIChips #H200 #Nasdaq