Chinese chip stocks tumble on report US mulls easing Nvidia H200 export curbs

Shares of major Chinese chip makers slide to multi-month lows after a Reuters report that the United States is considering letting Nvidia NVDA.O sell H200 chips to China

China AI chip maker Cambricon 688256.ss slides as much as 2.5% to a one-month low; down more than 10% month-to-date

The CSI AI Index .CSI930713 gives up earlier gains and declines more than 1% to the lowest level since September 9

Hong Kong-listed shares of Hua Hong Semiconductor 1347.HK plunge as much as 9.4% to hit a two-month low; SMIC 0981.HK down as much as 7.4%

The Trump administration is considering greenlighting sales of Nvidia's H200 artificial intelligence chips to China, Reuters reported on Friday citing sources