Alibaba
Silicon Thaw: Alibaba Shares Surge as U.S. Eases Path for Nvidia’s H200 Chips into China
NEW YORK — Shares of Alibaba Group Holding Ltd. (NYSE: BABA) experienced a significant rally this week, climbing nearly 7% following reports that the U.S. Department of Commerce has begun issuing export licenses for Nvidia Corporation’s (NASDAQ: NVDA) advanced H200 Tensor Core GPUs to Chinese commercial entities. The move,