NVDA
A market moved by one very famous face
Chinese AI model developers hit the gas on Wednesday after Nvidia CEO Jensen Huang joined Donald Trump on a visit to Beijing. Translation: traders took that as a possible sign that China could get broader access to Nvidia’s fancy semiconductors, and they immediately started reaching for the “buy” button.
Why the market is suddenly feeling extra spicy
When your whole AI thesis depends on compute — and the most coveted compute lives inside Nvidia chips — even a whiff of policy thaw can turn into a stampede. That’s basically what happened here:
- MiniMax Group jumped about 18%
- Knowledge Atlas Technology Joint Stock Co. surged roughly 37%
- The rally added more fuel to what’s already been a monster run for Chinese AI names in Hong Kong this year
The catch? Hope is not the same thing as access
This is still a hopes-and-dreams trade, not a signed supply contract. But markets love a good maybe, especially when it sounds like the world’s most important chip CEO might be in the room while geopolitical doors crack open a little.
If you’re an investor, the key question is whether this is a one-day adrenaline spike or the start of a real change in China’s AI hardware pipeline. Big picture: when Nvidia sneezes, AI stocks everywhere grab a tissue and start sprinting.