Skip to content
Fear & Greed51 Neutral
Crypto market$2.75T+1.77%24h breadth214 up36 downBitcoin$81,342+1.79%Ethereum$2,362+2.00%Solana$103+2.60%XRP$1.33+1.73%BNB$761+2.76%Top gainersBTW$1.76+26.00%PONS$0.289+17.39%PEPE$0.0000050+16.86%Top losersNIL$0.083−12.57%OSMO$0.054−9.03%SYN$0.174−6.09%StocksNVDA$218+0.90%TSLA$407+4.04%AAPL$347+0.93%MSFT$531−0.24%COIN$161+0.93%
Advertisement
USTR Greer says Chinese firms want Nvidia H200 chips, but Beijing keeps pushing domestic alternatives

USTR Greer says Chinese firms want Nvidia H200 chips, but Beijing keeps pushing domestic alternatives

The US approved roughly 10 Chinese companies to buy Nvidia's second-most powerful AI chip, but not a single unit has shipped yet.

by Editorial Team

2 min read

In Regulation

Share

Add us on Google

NVIDIA Corporation (NVDA) price

Full chart and stats

Loading chart…

Market cap
$5.3T (shares as of 2026-08-21)
P/E (trailing)
27.6 (EPS to 2026-07-26)
Annual revenue
$215.9B USD (FY ended 2026-01-25) 10-K
Annual revenue growth
+65.5% (FY ended 2026-01-25 vs FY ended 2025-01-26) 10-K
Annual net income
120,067,000,000 USD (FY ended 2026-01-25, attributable to the company) 10-K
Annual operating margin
60.4% (FY ended 2026-01-25)
Forward P/E
Unavailable: no dated forecast source

Gloria daily close for session Oct 27, 2026. Market cap and trailing P/E use this close with the SEC share total and trailing diluted earnings, each dated next to its figure. Annual revenue, revenue growth, net income and margin show their own fiscal period and link the 10-K. Current context may postdate this article.

NVIDIA Corporation and its peers

Company PriceMarket capP/E (trailing)Forward P/EAnnual revenue (USD)Annual revenue growthAnnual net income (USD)Operating margin
NVIDIA Corporation NVDA · Price dated Oct 27, 2026 · tokenized NVDAx $218$5.3T27.6Unavailable$215.9BFY ended 2026-01-25 · 10-K+65.5%FY ended 2026-01-25 vs 2025-01-26 · 10-K120,067,000,000FY ended 2026-01-25, attributable to the company · 10-K60.4%FY ended 2026-01-25
Broadcom Inc. AVGO · Price dated Oct 27, 2026 · tokenized AVGOx $342$1.6T43.7Unavailable$63.9BFY ended 2025-11-02 · 10-K+23.9%FY ended 2025-11-02 vs 2024-11-03 · 10-K23,126,000,000FY ended 2025-11-02, consolidated · 10-K39.9%FY ended 2025-11-02
Micron Technology Inc. MU · Price dated Oct 27, 2026 · tokenized MUx $929$1.1T12.5Unavailable$133.2BFY ended 2026-09-03 · 10-K+256.3%FY ended 2026-09-03 vs 2025-08-28 · 10-K84,969,000,000FY ended 2026-09-03, attributable to the company · 10-K74.6%FY ended 2026-09-03
Advanced Micro Devices Inc. AMD · Price dated Oct 27, 2026 · tokenized AMDx $560$914.6B143.7Unavailable$34.6BFY ended 2025-12-27 · 10-K+34.3%FY ended 2025-12-27 vs 2024-12-28 · 10-K4,335,000,000FY ended 2025-12-27, attributable to the company · 10-K10.7%FY ended 2025-12-27

Missing figures stay unavailable. Forward P/E requires a dated source. Annual revenue, revenue growth, net income and margin come from each company's own 10-K, in US dollars, and each row shows that fiscal year. Revenue growth compares the fiscal year with the prior year stated in the same 10-K. Net income is the full year amount attributable to the company, or available to common stockholders where the filing states only that, or consolidated net income. Each row names its basis. Trailing P/E reads "Not meaningful" when the dated trailing diluted EPS is a loss or zero. An operating margin appears only when the filing states both the operating income and the revenue for the same year.

Sources: SEC filings, Gloria daily closes and CoinGecko. Oldest record refresh: Oct 27, 2026, 9:41 PM EDT. Refresh is not a price or filing date. Each row shows its price date and its annual fiscal period. Peers use industry code and company size, or editorial selection. Market cap multiplies that row price by the company share total the latest SEC filing states for every share class together. Trailing P/E divides it by trailing diluted earnings from SEC filings. Rolled earnings per share are approximate because share counts can change between periods. Both appear only when the SEC data carries its date, so they are estimates at one price date, not synchronized filing valuations. Not investment advice.

Token vs underlying stock

Current comparison for NVDA. Historical observations may postdate this article.

NVDAx token unit vs NVDA share · USD

$218.06Oct 27 UTC

+2.7% over displayed period

● NVDAx token┄ NVDA stock: $217.94

Aug 4, 2026: token $212.33 at 20:00 UTC; stock close $211.94 Aug 5, 2026: token $219.87 at 20:00 UTC; stock close $219.22 Aug 6, 2026: token $219.15 at 20:00 UTC; stock close $218.99 Aug 7, 2026: token $223.93 at 20:00 UTC; stock close $223.96 Aug 10, 2026: token $217.66 at 20:00 UTC; stock close $217.55 Aug 11, 2026: token $217.53 at 20:00 UTC; stock close $217.50 Aug 12, 2026: token $224.12 at 20:00 UTC; stock close $224.09 Aug 13, 2026: token $225.42 at 20:00 UTC; stock close $225.30 Aug 14, 2026: token $225.34 at 20:00 UTC; stock close $225.16 Aug 17, 2026: token $225.13 at 20:00 UTC; stock close $225.01 Aug 18, 2026: token $219.70 at 20:00 UTC; stock close $219.74 Aug 19, 2026: token $217.76 at 20:00 UTC; stock close $217.56 Aug 20, 2026: token $216.79 at 20:00 UTC; stock close $216.85 Aug 21, 2026: token $214.85 at 20:00 UTC; stock close $214.72 Aug 24, 2026: token $208.75 at 20:00 UTC; stock close $208.48 Aug 25, 2026: token $213.16 at 20:00 UTC; stock close $213.05 Aug 26, 2026: token $210.06 at 20:00 UTC; stock close $209.66 Aug 27, 2026: token $227.96 at 20:00 UTC; stock close $227.98 Aug 28, 2026: token $217.74 at 20:00 UTC; stock close $217.55 Aug 31, 2026: token $220.91 at 20:00 UTC; stock close $220.78 Sep 1, 2026: token $217.58 at 20:00 UTC; stock close $217.44 Sep 2, 2026: token $224.46 at 20:00 UTC; stock close $224.41 Sep 3, 2026: token $228.90 at 20:00 UTC; stock close $228.45 Sep 4, 2026: token $230.35 at 20:00 UTC; stock close $230.36 Sep 8, 2026: token $225.69 at 20:00 UTC; stock close $225.73 Sep 9, 2026: token $223.89 at 20:00 UTC; stock close $223.67 Sep 10, 2026: token $218.70 at 20:00 UTC; stock close $218.36 Sep 11, 2026: token $218.92 at 20:00 UTC; stock close $218.29 Sep 14, 2026: token $211.47 at 20:00 UTC; stock close $210.96 Sep 15, 2026: token $212.34 at 20:00 UTC; stock close $212.17 Sep 16, 2026: token $214.25 at 20:00 UTC; stock close $213.90 Sep 17, 2026: token $219.68 at 20:00 UTC; stock close $219.34 Sep 18, 2026: token $222.24 at 20:00 UTC; stock close $222.27 Sep 21, 2026: token $227.69 at 20:00 UTC; stock close $227.38 Sep 22, 2026: token $229.20 at 20:00 UTC; stock close $228.87 Sep 23, 2026: token $225.44 at 20:00 UTC; stock close $225.51 Sep 24, 2026: token $224.87 at 20:00 UTC; stock close $224.58 Sep 25, 2026: token $225.29 at 20:00 UTC; stock close $225.07 Sep 28, 2026: token $228.97 at 20:00 UTC; stock close $228.86 Sep 29, 2026: token $227.95 at 20:00 UTC; stock close $227.21 Sep 30, 2026: token $229.85 at 20:00 UTC; stock close $228.38 Oct 1, 2026: token $231.18 at 20:00 UTC; stock close $230.86 Oct 2, 2026: token $234.38 at 20:00 UTC; stock close $233.95 Oct 5, 2026: token $239.30 at 20:00 UTC; stock close $238.90 Oct 6, 2026: token $239.71 at 20:00 UTC; stock close $239.24 Oct 7, 2026: token $237.80 at 20:00 UTC; stock close $237.47 Oct 8, 2026: token $230.81 at 20:00 UTC; stock close $230.48 Oct 9, 2026: token $229.70 at 20:00 UTC; stock close $229.28 Oct 12, 2026: token $226.87 at 20:00 UTC; stock close $226.32 Oct 13, 2026: token $228.73 at 20:00 UTC; stock close $228.52 Oct 14, 2026: token $221.56 at 20:00 UTC; stock close $221.30 Oct 15, 2026: token $217.48 at 20:00 UTC; stock close $217.23 Oct 16, 2026: token $214.56 at 20:00 UTC; stock close $214.13 Oct 19, 2026: token $217.41 at 20:00 UTC; stock close $217.09 Oct 20, 2026: token $216.69 at 20:00 UTC; stock close $216.47 Oct 21, 2026: token $222.20 at 20:00 UTC; stock close $221.97 Oct 22, 2026: token $212.42 at 20:00 UTC; stock close $212.21 Oct 23, 2026: token $211.27 at 20:00 UTC; stock close $210.96 Oct 26, 2026: token $216.15 at 20:00 UTC; stock close $216.00 Oct 27, 2026: token $218.06 at 20:00 UTC; stock close $217.94
Aug 4$208.48 to $239.71Oct 27

Source: CoinGecko + Gloria · Retrieved Oct 28, 06:38 UTC

Methodology and data

Split-adjusted regular-session stock closes from the existing Gloria shared history, paired only with an observed token price within 45 minutes of 16:00 New York time. Up to 60 matched sessions. No interpolation or missing-date fill. Weekends and known early closes are omitted. Token units are not adjusted for issuer multipliers or dividend treatment. This compares quoted prices, not fair value, executable premiums or arbitrage returns. Solid line: token. Dashed line: stock. Exact quote times and values appear below. Historical observations. Retrieval refers to the token source. Token quote times use UTC. The fixed cohort shows its oldest member fetch.

Nvidia token vs Nvidia stock: exact source values
Date (UTC)Token (USD)Stock close (USD)Token quote (UTC)
2026-08-04212.33211.942026-08-04 20:00
2026-08-05219.87219.222026-08-05 20:00
2026-08-06219.15218.992026-08-06 20:00
2026-08-07223.93223.962026-08-07 20:00
2026-08-10217.66217.552026-08-10 20:00
2026-08-11217.53217.502026-08-11 20:00
2026-08-12224.12224.092026-08-12 20:00
2026-08-13225.42225.302026-08-13 20:00
2026-08-14225.34225.162026-08-14 20:00
2026-08-17225.13225.012026-08-17 20:00
2026-08-18219.70219.742026-08-18 20:00
2026-08-19217.76217.562026-08-19 20:00
2026-08-20216.79216.852026-08-20 20:00
2026-08-21214.85214.722026-08-21 20:00
2026-08-24208.75208.482026-08-24 20:00
2026-08-25213.16213.052026-08-25 20:00
2026-08-26210.06209.662026-08-26 20:00
2026-08-27227.96227.982026-08-27 20:00
2026-08-28217.74217.552026-08-28 20:00
2026-08-31220.91220.782026-08-31 20:00
2026-09-01217.58217.442026-09-01 20:00
2026-09-02224.46224.412026-09-02 20:00
2026-09-03228.90228.452026-09-03 20:00
2026-09-04230.35230.362026-09-04 20:00
2026-09-08225.69225.732026-09-08 20:00
2026-09-09223.89223.672026-09-09 20:00
2026-09-10218.70218.362026-09-10 20:00
2026-09-11218.92218.292026-09-11 20:00
2026-09-14211.47210.962026-09-14 20:00
2026-09-15212.34212.172026-09-15 20:00
2026-09-16214.25213.902026-09-16 20:00
2026-09-17219.68219.342026-09-17 20:00
2026-09-18222.24222.272026-09-18 20:00
2026-09-21227.69227.382026-09-21 20:00
2026-09-22229.20228.872026-09-22 20:00
2026-09-23225.44225.512026-09-23 20:00
2026-09-24224.87224.582026-09-24 20:00
2026-09-25225.29225.072026-09-25 20:00
2026-09-28228.97228.862026-09-28 20:00
2026-09-29227.95227.212026-09-29 20:00
2026-09-30229.85228.382026-09-30 20:00
2026-10-01231.18230.862026-10-01 20:00
2026-10-02234.38233.952026-10-02 20:00
2026-10-05239.30238.902026-10-05 20:00
2026-10-06239.71239.242026-10-06 20:00
2026-10-07237.80237.472026-10-07 20:00
2026-10-08230.81230.482026-10-08 20:00
2026-10-09229.70229.282026-10-09 20:00
2026-10-12226.87226.322026-10-12 20:00
2026-10-13228.73228.522026-10-13 20:00
2026-10-14221.56221.302026-10-14 20:00
2026-10-15217.48217.232026-10-15 20:00
2026-10-16214.56214.132026-10-16 20:00
2026-10-19217.41217.092026-10-19 20:00
2026-10-20216.69216.472026-10-20 20:00
2026-10-21222.20221.972026-10-21 20:00
2026-10-22212.42212.212026-10-22 20:00
2026-10-23211.27210.962026-10-23 20:00
2026-10-26216.15216.002026-10-26 20:00
2026-10-27218.06217.942026-10-27 20:00

Stock history: Gloria · Retrieved Oct 28, 00:31 UTC. Token history: CoinGecko NVDAx.

Quoted token and share units can have different rights, multipliers and dividend treatment. This is not an executable premium or arbitrage signal.

The US government has given the green light for about 10 Chinese companies to purchase Nvidia’s H200 AI chips. The catch: none of them have actually received any.

US Trade Representative Jamieson Greer disclosed on May 15 that export controls on semiconductors weren’t a major talking point during his discussions with Chinese officials in Beijing. He characterized any potential purchases of H200 chips by Chinese firms as a “sovereign decision,” a diplomatic way of saying the ball is in China’s court.

The approvals, the surcharge, and the silence

The list of approved buyers includes Alibaba, Tencent, ByteDance, JD.com, Lenovo, and Foxconn, each eligible to purchase up to 75,000 H200 units.

Advertisement

The approved sales come with a 25% surcharge and mandatory security reviews.

As of mid-May 2026, not a single H200 has crossed the Pacific to any of these approved buyers.

A policy pivot, not a policy reversal

These approvals represent a notable shift from the previous approach under the Trump administration, which initially operated under a blanket denial policy for advanced chip exports to China. The current framework moves to case-by-case evaluations of export licenses.

By calling it a “sovereign decision,” Greer placed the emphasis squarely on China’s own strategic choices rather than on US restrictions. The Chinese Communist Party has been aggressively promoting domestic semiconductor production, with Huawei’s Ascend line of AI chips receiving particular focus, and Beijing encouraging its tech giants to source domestically whenever possible.

What this means for investors

Up to 750,000 H200 units across the approved Chinese firms would represent a massive order book, but an approval that never converts to a shipment is worth exactly nothing to the bottom line.

Investors should watch for two signals: whether any H200 shipments actually occur in the coming months, and whether China’s domestic chip capabilities, particularly Huawei’s next-generation offerings, show meaningful performance improvements.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.