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<Research>JPM: Nvidia (NVDA.US) Resumes H20 Sales to CN, Beneficial for AI Data Center Hosting Firms
Nvidia (NVDA.US) announced that it has received assurances from the US government for the license to sell H20 GPUs to Chinese customers, and simultaneously launched the RTX pro ver...
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<Research>JPM: Nvidia (NVDA.US) Resumes H20 Sales to CN, Beneficial for AI Data Center Hosting Firms
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Nvidia (NVDA.US)      announced that it has received assurances from the US government for the license to sell H20 GPUs to Chinese customers, and simultaneously launched the RTX pro version for the China market, JPMorgan released a research report saying. This has a slightly positive impact on global AI hardware demand and further tightens the GPU supply situation.

In China, this should mainly benefit AI data center hosting companies such as GDS-SW (09698.HK)  -0.200 (-0.538%)    Short selling $66.28M; Ratio 33.683%   (GDS.US)      , VNET Group (VNET.US)      and SINNET(300383.SZ)  -0.240 (-1.501%)   , meanwhile negatively impacting market sentiment for leading local semiconductor supply chain firms like SMIC (00981.HK)  -0.100 (-0.216%)    Short selling $103.43M; Ratio 5.912%   .

Related NewsPing An Securities Recommends Eyeing 3 Key Themes amid Spreading 'Anti-Involution' Rally
Among hardware suppliers, Amkor Technology (AMKR.US)      , SK Hynix (000660.KS), HUAQIN TECHNOLOGY(603296.SH)  -3.040 (-3.355%)   and Inventec have significant exposure to Nvidia's H20, the report added. Overall, this may prompt an upward revision of TSMC (TSM.US)      's 2Q25 CoWoS estimations, which were previously lowered in mid-April following H20 restrictions.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-18 12:25.) (A Shares quote is delayed for at least 15 mins.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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