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S&P 500 and Nasdaq futures surge as Nvidia rockets on China chip approval report
Economy
Published on 14 May 2026
About 10 Chinese firms get cleared for H200
S&P 500 and Nasdaq futures rose to new highs as Nvidia climbed in premarket trading. The stock gained 1.9%, lifting its valuation to about $5.9 trillion. Reuters, citing sources, reported the U.S. has cleared roughly 10 Chinese firms to buy Nvidia’s second-most powerful AI chip, the H200, fueling renewed market optimism.
- S&P 500 and Nasdaq futures hit new highs on Nvidia momentum
- Nvidia shares rose 1.9% in premarket, valuation near $5.9 trillion
- U.S. clearance reportedly covers around 10 Chinese firms for H200
- Chip demand and export updates are driving risk-on trading
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times