NVIDIA Summary

President Trump has approved Nvidia's export of its H200 data center accelerators to approved customers in China, a significant policy shift that may allow Nvidia to sell more advanced AI chips in the region.

This decision raises questions about the balance between economic opportunities and national security concerns, as previous restrictions limited such transactions. Meanwhile, a recent report highlights that the semiconductor industry is entering an unprecedented 'giga cycle', driven by the demand for AI technologies, with Nvidia positioned as a key player.

Furthermore, authorities in Texas have shut down a major smuggling operation involving Nvidia chips valued at $160 million, where shipments were relabeled to bypass export controls, underscoring ongoing regulatory challenges in the tech sector.