Nvidia’s Depositary Receipt (DR) in the Thai stock market rose more than 1% on Monday, following the report that the Trump Administration will allow an export of Nvidia’s H200 to China under a revenue sharing condition. The share price of Nvidia settled 1.73% higher on Monday and upped 2.33% in after-hour trading.
NVDA80 by KTB rose 1.72%, NVDA01 by BLS gained 1.17% and NVDA06 by KKPS increased 1.55%.
U.S. President Donald Trump announced Monday that Nvidia will be permitted to supply its H200 artificial intelligence chips to “approved customers” in China and other locations, provided the United States receives a 25% share of the proceeds.
In a post on Truth Social, Trump said that Chinese President Xi Jinping had given a favorable response to the proposal. He noted that this initiative would bolster employment in the United States, enhance domestic manufacturing, and provide benefits for American taxpayers.
Trump further stated that the Department of Commerce is in the process of finalizing the framework. He indicated the policy will also be implemented for other major American chip manufacturers, including AMD and Intel.
Previously, Nvidia and its competitor AMD agreed to allocate 15% of their China-originated chip sales revenue to the U.S. government, an arrangement reached in August. However, around that same period, reports emerged that Chinese authorities cautioned firms against adopting Nvidia’s H20 AI chip, developed specifically for the Chinese market.
The H200 chip, intended for export under the new policy, is a more advanced model than the H20, yet does not represent Nvidia’s most cutting-edge offering.
