Nvidia rises 2% after hours on Trump's statement about allowing exports to China

Source: BlockMedia Original Title: Nvidia rises 2% after Trump’s ‘China export permission’ remarks in after-hours trading Original Link: https://www.blockmedia.co.kr/archives/1016904 Nvidia’s stock climbed nearly 2% in after-hours trading after President Donald Trump indicated he would allow US semiconductor companies to export to China under certain conditions. With Nvidia’s high-performance H200 chip included in the export permission, the market is focusing on the possibility of recovering sales worth trillions of won.

According to MarketWatch and others on the 8th (local time), President Trump stated on social media, “I will allow the sale of Nvidia’s H200 chip to China,” adding, “25% of revenue from these sales will go to the US government.” He said he had conveyed this policy to the Chinese president, who responded positively.

Following this announcement, Nvidia’s stock rose 1.72% in after-hours trading. AMD was up 1.44%, and Intel saw a slight increase during the session.

This policy is limited to Nvidia’s existing Hopper architecture-based H200 chip; next-generation ‘Blackwell’ and ‘Rubin’ series chips are excluded from export permission. President Trump clarified, “Customers are already moving to Blackwell and Rubin,” stressing that exports of the latest chips to China are not allowed.

Previously, Nvidia estimated that quarterly revenue losses could reach up to $8 billion (about 10.6 trillion won) after even its performance-adjusted H20 chip was restricted from being sold in China due to US government export controls. If the H200 export permission becomes reality, the market expects a significant recovery in sales.

However, uncertainty remains. The Chinese government has recently been encouraging domestic companies to reduce their reliance on US-made semiconductors. The Financial Times reported last September that Chinese internet regulators instructed major tech companies to stop using US-made chips.

President Trump suggested this policy could be expanded beyond Nvidia to include AMD, Intel, and other US semiconductor companies, which could affect the share prices of related companies going forward. The market is closely watching how changes in semiconductor export policy will impact the technological power struggle.