Nvidia Shares Rise 2.8% After US Clearance

Nvidia stock climbed about 2.8% after Reuters reported U.S. Commerce Dept approved ~10 Chinese firms to buy its H200 AI chips.
Approved buyers include Alibaba, Tencent, ByteDance, JD.com and distributors Lenovo and Foxconn, each allowed up to 75,000 H200 chips.
No deals have closed yet; Chinese firms have pulled back amid Beijing guidance and unclear U.S. policy shifts.
Prior to restrictions Nvidia held ~95% of China's advanced chip market, contributing 13% of revenue, with AI market valued $50bn.