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HUA HONG SEMI Swells ~8% Amid Reports of Nvidia Halting H20 AI Chip Production
Recommend 15 Positive 36 Negative 21 |
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Nvidia (NVDA.US) is reported to have instructed component suppliers like Samsung to cease production related to the H20 AI chip, as China has urged domestic companies to avoid using H20. Chip stocks rallied on the news, with HUA HONG SEMI (01347.HK) once reaching a peak of HKD51.3. It last traded at HKD51.2, up 7.74%, with a trading volume of 20.5237 million shares, involving HKD1.016 billion. SMIC (00981.HK) opened 2.22% higher today and once peaked at HKD55.3. It was last at HKD55.2, up 6.77%, with a trading volume of 73.3028 million shares, involving HKD3.943 billion. AAStocks Financial News |
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