By Zev Fima
Publication Date: 2026-01-08 19:16:00
Shares of Nvidia have started the new year off flat as Wall Street skeptics ignore a string of positive developments that continue to boost our confidence in the stock and inform our advice for investors with and without positions. The most recent update came early Thursday morning, when Bloomberg reported that China will indeed allow the import of Nvidia’s artificial intelligence H200 chips. Reuters reported that, to hedge against the ongoing trade uncertainty between the world’s two largest economies, Nvidia has revised payment terms for Chinese buyers, including requiring upfront payment, forbidding cancellations, and barring changes to the system configuration once orders are placed. Nvidia shares dropped more than 2.5% despite the news. During Thursday’s Morning Meeting, Jim Cramer blamed the decline on the simple fact that shares had rallied more than 10% since their mid-December lows coming into the session. The U.S. had previously restricted exports of advanced AI chips due to national security concerns over what China might do, militarily, with the world’s most advanced AI hardware. That said, the new Vera Rubin platform, unveiled earlier this week, means that the H200 is now two generations behind what American companies have access to. Some industry observers have raised concerns about providing China too much raw compute, even if less powerful, arguing that it is the aggregate compute that will ultimately matter, more so than having the latest and greatest….
