NVIDIA is gearing up to broaden its supply avenues for cutting - edge AI chips in the Chinese market. According to reports, China is likely to green - light a restricted import of NVIDIA's H200 chips as soon as this quarter. In light of this development, NVIDIA has mandated that Chinese customers pay the entire order amount upfront for H200 chips and agree to the associated terms. Alibaba, in a private communication, has revealed its plan to place an order for over 200,000 H200 graphics cards. Investors are bullish about China's approval of the H200 chip usage. This approval is anticipated to bring significant benefits to companies such as Alibaba. As the Chinese tech firm with the heaviest investment in artificial intelligence, a more stable chip supply will serve as a strong pillar for Alibaba's cloud computing business. Over the past 12 months, Alibaba's stock price has soared by 92%. This surge is attributed to the growing investor confidence in its investment strategies and the expansion within the artificial intelligence sector.