License to kill absolutely print… 

There will be movies made about Jensen Huang, and one of those will be about how he just weaseled Donnie Politics to give him the official keys to the Red Dragon. 

(Source: Giphy) 

In case you were too busy figuring out how in the “flying F” Katy Perry and Justin Troudou happened, Nvidia now gets to ship its H200 chips back into China, that is, as long as Beijing pays a 25% “we’re America, deal with it” surcharge. Intel and AMD technically got the same permission, but let’s be honest: China is not waking up in the morning wondering where its next batch of MI300s is coming from. They don’t want scrubs, they want H200s.

And while everyone was still arguing about the national security implications, Jensen was somewhere smiling like a man who just got unbanned from his favorite casino. For more context, Nvidia was losing billions in potential China revenue from these bans. So it’s easy to see why this is a big deal. Because now with a 25% toll booth slapped on top, they get to make those billions plus a little extra “thanks for playing” fee from China that goes straight to the U.S. government.

(Source: Bloomberg) 

Of course, not everyone is popping bottles here. Capitol Hill is having a meltdown. Elizabeth Warren called it a “colossal national security failure,” which means absolutely nothing because she also once called Bitcoin a “shadowy criminal syndicate” and then watched half of Harvard’s endowment pile into it. Meanwhile, Trump framed it like a patriotic win: “We’re protecting national security, creating jobs, and keeping America’s lead in AI.” Translation: We’re letting Nvidia cook. 

With that said, China doesn’t want downgraded chips. Jensen said it himself… “they won’t accept that.” So if the H200 gets approved at full strength, China’s either buying the real thing… or they’re building a time machine to go back and prevent Huawei from getting sanctioned in the first place. Either way, Nvidia wins. Which is why Nvidia stock popped 1.72% on the day and investors immediately forgot everything they said last month about “AI being overpriced.” A.k.a., the usual cycle.

(Source: Giphy) 

So where do we go from here? For starters, Nvidia’s U.S. customers are already moving to Blackwell and Rubin which are the actual money printers. The H200 is basically inventory they weren’t allowed to sell until now. So  China buying it just clears the shelf so Jensen can keep rolling out the high-end stuff uninterrupted. Bigly. 

Meaning, so far this morning, we’ve got a trillion-dollar company back in its largest growth market, a President who is speedrunning trade policy like it’s Madden Franchise Mode, and an entire Senate Banking Committee that’s about to spend the next week asking Nvidia “Wait, what does an AI chip actually do?” Moral of the story here: Jensen’s cooking. China’s buying. Congress is panicking. And somewhere out there, a Denny’s manager is telling new hires: “Let me tell you about an Employee of the Month who ended up running the world.” Until next time, friends… 

At the time of publishing, Stocks.News holds positions in Intel as mentioned in the article.