Nvidia H200

U.S. regulators have lifted the export ban on Nvidia’s H200 AI accelerator, reopening a potential $1‑2 billion revenue stream in China. While the chip offers superior performance and addresses current supply shortages, Beijing’s “self‑reliance” drive is rapidly advancing domestic AI‑chip ecosystems, narrowing the gap with U.S. technology. Chinese firms may adopt a hybrid strategy—using H200 for peak workloads while scaling home‑grown solutions—but long‑term policy and investment trends favor a move away from foreign silicon, making the opportunity likely temporary.

Paramount Skydance launched a $30‑per‑share all‑cash hostile bid for Warner Bros. Discovery, outbidding Netflix’s $27.75 offer, sending both stocks higher. Nvidia received U.S. clearance to ship its H200 AI chips to approved Chinese customers, with part of earnings required to return to the U.S. Markets remain cautious ahead of the Fed’s likely 25‑bp rate cut; equities slipped despite tech gains. Berkshire Hathaway announced a leadership reshuffle, and Ray Dalio urged investors to bet on solid AI moats. China posted a $1‑trillion trade surplus in November.