Huang Renxun's Debating Point Hits the Nail on the Head! NVIDIA Stock Price Breaks $230 for the First Time After H200 Unlock

BlockBeats News, May 14th, according to Bitget market data, NVIDIA's stock price broke through $230 for the first time, reaching as high as $232.18, with a market cap surpassing $5.6 trillion, hitting a new all-time high.

On the news front, the U.S. has allowed 10 Chinese companies, including Alibaba, ByteDance, Tencent, and JD.com, to purchase NVIDIA's H200 chips, but no actual deliveries have occurred yet. Distributors like Lenovo and Foxconn are also permitted to buy, with each approved company allowed to purchase up to 75,000 H200 chips.

NVIDIA CEO Jensen Huang previously had a heated discussion with the host on a podcast about "whether the U.S. should sell AI chips to Chinese companies." The host questioned whether providing high-performance AI chips to Chinese companies might weaken the U.S.'s AI leadership. Huang responded by stating that the U.S. should maintain its lead, continue to innovate, and allow global AI developers to continue operating on the U.S. technology stack, which is more beneficial to the United States. Export controls have backfired, with restrictive measures actually accelerating the rise of China's domestic chip industry and pushing the Chinese AI ecosystem to optimize for local hardware. Huang also mentioned that one should not assume with a "loser's mindset" that U.S. companies will lose the Chinese market.